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Incremental Cash Flows
The additional cash flow generated by a company as a result of undertaking a new project or investment.
Operating Lease
A lease agreement for the use of an asset without transferring ownership, typically involves short-term leases of equipment or property.
Fair-Market Value
An estimate of the market value of a property or asset, based upon what a knowledgeable, willing, and unpressured buyer would likely pay to a knowledgeable, willing, and unpressured seller in the market.
CICA
Canadian Institute of Chartered Accountants, an organization for accounting professionals in Canada. (Note: as of 2023, CICA has amalgamated into CPA Canada).
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