Internal Rate Of Return (IRR)

Project/Program[None]Percentage

Definition

The internal rate of return (IRR) is a capital budgeting metric used by firms to decide whether they should make investments. It is an indicator of the efficiency of an investment (as opposed to NPV, which indicates value or magnitude). <a href="http://en.wikipedia.org/wiki/Internal_rate_of_return">Source</a>

Tags

efficiency, capital, investment, budget