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Financial Projections
the market in which households sell their labor as workers to business firms or other
employers
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labor market
budget for major capital, or investment, expenditures
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capital budget
the increase of an amount of money due to earned interest or dividends
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time value of money
The seizure of property from borrowers who are unable to repay their loans
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Foreclosure
payment received every year
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, annuity
Major investments in either tangible long-term assets such as land, buildings, and
equipment or intangible assets such as patents, trademarks, and copyrights.
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capital expenditures
A slowdown in a nation's economy
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Recession
previous cash outflows not relevant to the project decision.
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capital gain
Insurance policy against losses resulting from defects in title
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