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| e·quiv·a·lent an·nu·al ben·e·fit (plural e·quiv·a·lent an·nu·al ben·e·fits) |
noun |
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| Definition: |
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finance measure predicting project's profitability: the present value of all expected benefits of a project divided by the appropriate annuity factor for the project's life. The higher the result, the more profitable the project.
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