Examlex
With workers' compensation acts,the collective liability principle implies that both employees and employers are 'collectively' responsible for the costs of compensation.
Capital Rationing
The practice of limiting investments or expenditures in new projects due to budget constraints or capital availability.
IRR
IRR (Internal Rate of Return) is a financial metric used to evaluate the profitability of an investment, representing the interest rate at which the net present value of cash flows from the investment is zero.
Initial Investments
The initial amount of money put into a project or venture at the start of its operation.
Cost of Capital
The rate of return that a company must pay to its capital providers, including both debt and equity, to finance its assets.
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