Examlex
Describe the concept of development being initiated "from below," as championed by organizations such as the World Bank. How was this related to the global economic crisis?
Net Present Value (NPV)
The difference between the present value of cash inflows and the present value of cash outflows over a period of time. It's used to evaluate the profitability of an investment or project.
Capital Investment Funds
Financial resources that are used by a company to purchase physical assets like property, industrial buildings, or equipment.
Capital Rationing
The situation that exists if a firm has positive Net Present Value projects but cannot find the necessary financing.
Marginal Costs
The change in total production cost that arises when the quantity produced is incremented by one unit, reflecting the cost of producing one additional unit of a good.
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