Cash necessary to start a project. Front money is generally required for purchasing a site, preparing plans and studies, obtaining permits, and securing loan commitments.
A method of capital budgeting where the value of an investment is calculated by determining the total present value of all cash inflows and outflows minus the initial investment cost.
Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.