Examlex
Monastic "rules" such as those of Benedict of Nursia and Basil the Great
Annuity
A financial instrument that provides a consistent series of payments to a person, often utilized as a source of income for retired individuals.
Equivalent Cash Flows
Streams of equal value cash flows occurring at regular intervals.
Hurdle Rate
The minimum rate of return on a project or investment required by a manager or investor to proceed with the project.
Present Value
The present value of a future amount of money or series of cash flows, using a certain return rate.
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