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Talk about: vice admiralty courts
NPV
Net Present Value, a financial metric used to assess the profitability of an investment, calculated as the difference between the present value of cash inflows and outflows.
IRR
Internal Rate of Return is a financial metric used to evaluate the profitability of potential investments, representing the discount rate that makes the net present value of all cash flows from a particular project equal to zero.
Mutually Exclusive
Describes options or projects that cannot both be chosen such that if one is selected, the other must be rejected.
Value Foregone
The potential value lost when choosing one investment or action over another, often considered an opportunity cost.
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