Examlex
What is the definition of the following term:
-Pragmatic Sanction:
Face Value
The nominal value printed on a bond or security which indicates its worth at maturity but does not necessarily reflect its market value.
Weighted Average Cost of Capital (WACC)
The average rate of return a company is expected to pay its shareholders and debt holders, weighted according to the proportion of equity and debt in the company's capital structure.
Return on Equity
A financial ratio indicating the profitability of a company relative to its shareholders' equity, calculated as net income divided by shareholders' equity.
Weighted Average Cost of Capital (WACC)
A calculation of a firm's cost of capital in which each category of capital (debt, equity, etc.) is proportionately weighted, representing the average rate that a company is expected to pay for all its financing sources.
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