Tag: project
IRR – Internal Rate of Return
In order to build shareholder equity, firms carefully evaluate projects to decide which projects they should fund and which they shouldn’t. The project management...
Nanyang Business School
DefinitionNanyang Business School is the business school of Nanyang Technological University, Singapore. Singapore's oldest business school, NBS was established in 1956 at the then...
Oliver E. Williamson
DefinitionOliver Eaton Williamson is an American economist, a professor at the University of California, Berkeley, and recipient of the 2009 Nobel Memorial Prize in...
Offshore
What is 'Offshore' Offshore identifies any item that is located or based outside of one's national boundaries. The term "offshore" is used...
Oil Refinery
DefinitionOil refinery or petroleum refinery is an industrial process plant where crude oil is transformed and refined into more useful products such as petroleum...
Oil Field
DefinitionAn "oil field" or "oilfield" is a region with an abundance of oil wells extracting petroleum from below ground. Because the oil reservoirs typically...
Maintenance Bond
What is a maintenance bond
A maintenance bond is a type of surety bond that is often required by municipalities in order to guarantee that...
Absolute Physical Life
What is 'Absolute Physical Life' The length of time that it takes for an asset takes to become fully depreciated, at which...
Abandonment
What is 'Abandonment' Abandonment is the act of surrendering a claim to, or interest in, a particular asset. In securities, abandonment is...
Above Ground Risk
What is 'Above Ground Risk' Non-quantifiable risks that can adversely affect a project or investment. Above ground risk is generally used in...