economic appraisal

economic appraisal
A method of capital budgeting that makes use of discounted cash flow techniques to determine a preferred investment. However, instead of using annual projected cash flows in the analysis, the technique discounts over the project's life the expected annual economic costs and economic benefits. It is mainly used in the assessment of governmental or quasi-governmental projects, such as road, railway, and port developments.

Accounting dictionary. 2014.

Игры ⚽ Поможем решить контрольную работу

Look at other dictionaries:

  • Economic appraisal — is a type of decision method applied to a project, programme or policy that takes into account a wide range of costs and benefits, denominated in monetary terms or for which a monetary equivalent can be estimated. Economic Appraisal is a key tool …   Wikipedia

  • economic appraisal — A method of capital budgeting that makes use of discounted cash flow techniques to determine a preferred investment. However, instead of using annual projected cash flows in the analysis, the technique discounts over the project s life the… …   Big dictionary of business and management

  • Appraisal — may refer to:* A decision making process: ** Appraisal (decision analysis) a decision method ** Project appraisal comparing options to deliver an objective ** Economic appraisal an appraisal based on comparison of monetary equivalents* Property… …   Wikipedia

  • appraisal — See performance appraisal See also economic appraisal; financial appraisal …   Big dictionary of business and management

  • economic benefits — The projected benefits revealed by an economic appraisal. Economic benefits are usually gains that can be expressed in financial terms as the result of an improvement in facilities provided by a government, local authority, etc. For example, the… …   Accounting dictionary

  • economic benefits — The projected benefits revealed by an economic appraisal Economic benefits are usually gains that can be expressed in financial terms as the result of an improvement in facilities provided by a government, local authority, etc. For example, the… …   Big dictionary of business and management

  • economic costs — The projected costs revealed by an economic appraisal. Economic costs differ from financial costs in that they exclude the transfer payments within the economy, which arise when an investment is made. In the construction of a road, for example,… …   Accounting dictionary

  • economic costs — The projected costs revealed by an economic appraisal Economic costs differ from financial costs in that they exclude the transfer payments within the economy, which arise when an investment is made. In the construction of a road, for example,… …   Big dictionary of business and management

  • appraisal — noun ADJECTIVE ▪ honest, realistic ▪ detailed, full ▪ A detailed appraisal of the plan will now be carried out. ▪ independent ▪ …   Collocations dictionary

  • economic systems — Introduction       the way in which humankind has arranged for its material provisioning. One would think that there would be a great variety of such systems, corresponding to the many cultural arrangements that have characterized human society.… …   Universalium

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”