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equivalent annual cash flow
e·quiv·a·lent an·nu·al cash flow (plural e·quiv·a·lent an·nu·al cash flows)


noun 
Definition:
 
finance annuity equaling proposed investment: an annuity that produces a net present value equal to a proposed investment
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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