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Time Value
The concept that money available at the present time is worth more than the same amount in the future due to its potential earning capacity.
Net Present Value
A method used in capital budgeting to assess the profitability of an investment or project by calculating the present value of its expected cash flows minus the initial investment cost.
Capital Budgeting
The process of making capital expenditure decisions in business.
Internal Reports
Financial or operational reports generated for internal use by the management and not for external stakeholders.
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