Examlex
A capital budgeting project is acceptable if the rate of return required for such a project is greater than the project's internal rate of return.
Unexpected Opportunities
Situations or prospects that were not previously planned for or considered that could benefit the company or individual.
Secured Loan Agreement
A loan agreement in which the borrower pledges an asset as collateral for the loan, which the lender can seize if the loan is not repaid.
Collateral
Assets pledged by a borrower to secure a loan or other credit, and subject to seizure on default.
Precautionary Demand
The desire to hold cash or assets as a buffer against future financial uncertainties.
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