Basic IRR rule (money) and eddy 1, noun (oh)

Basic IRR rule (money)

Definition: [crh] Accept the project if IRR is higher than the discount rate; reject the project if it is lower than the discount rate. It is wise to also Definition: consider net present value for project evaluation.

eddy 1, noun (oh)

[C]
[Date: 1400-1500; Origin: Probably from Old Norse itha]
a circular movement of water, wind, dust etc
::the racing river caused swirling eddies

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