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Microstructures Are the Patterns of Relatively Intimate Social Relations Formed

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Microstructures are the patterns of relatively intimate social relations formed during face-to-face interaction.


Definitions:

Future Net Cash Flows

The estimated total cash income minus the total cash expenses expected over a future period.

Net Present Value

The difference between the present value of cash inflows and the present value of cash outflows over a period of time.

Payback Period

The amount of time it takes for an investment to generate enough returns to recover the original investment cost.

Discounted Cash Flow

A valuation method used to estimate the value of an investment based on its expected future cash flows, adjusted for the time value of money.

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