| | InvestHub.com's
Finance Dictionary and Glossary of Investment Terms
Capital budgeting
Definition 1.
The process of choosing the firm's long-term capital assets.
|
Definition 2.
The process of determining whether or not projects such as building a new plant or investing in a long-term venture are worthwhile.
|
Definition 3.
The process of determining which potential long-term projects are worth undertaking, by comparing their expected discounted cash flows with their internal rates of return.
|
|
|