单词 | cut-off rate |
释义 | cut-off ratecut-off ratethe minimum rate of return used in INVESTMENT APPRAISAL for the purpose of deciding if an investment project is to go ahead. A predetermined arbitrary cut-off rate may be used in place of the COST OF CAPITAL as the DISCOUNT RATE. Different cut-off rates may be employed for projects with different degrees of riskiness. See DISCOUNTED CASH FLOW. |
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