Examlex
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Soft Rationing
The situation that occurs when units in a business are allocated a certain amount of financing for capital budgeting.
Hard Rationing
The situation that occurs when a business cannot raise financing for a project under any circumstances.
Hard Capital Rationing
A situation where a company is unable to secure additional funding from external sources like equity or debt markets.
NPV Projects
Projects evaluated using the Net Present Value method, which calculates the difference between the present value of cash inflows and outflows over a period.
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