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  2. Sunk cost - Wikipedia

    en.wikipedia.org/wiki/Sunk_cost

    In economics and business decision-making, a sunk cost (also known as retrospective cost) is a cost that has already been incurred and cannot be recovered. [ 1 ][ 2 ] Sunk costs are contrasted with prospective costs, which are future costs that may be avoided if action is taken. [ 3 ] In other words, a sunk cost is a sum paid in the past that ...

  3. Free cash flow - Wikipedia

    en.wikipedia.org/wiki/Free_cash_flow

    Free cash flow. In financial accounting, free cash flow (FCF) or free cash flow to firm (FCFF) is the amount by which a business's operating cash flow exceeds its working capital needs and expenditures on fixed assets (known as capital expenditures). [1] It is that portion of cash flow that can be extracted from a company and distributed to ...

  4. Debt snowball method - Wikipedia

    en.wikipedia.org/wiki/Debt_snowball_method

    Debt snowball method. The debt snowball method is a debt -reduction strategy, whereby one who owes on more than one account pays off the accounts starting with the smallest balances first, while paying the minimum payment on larger debts. Once the smallest debt is paid off, one proceeds to the next larger debt, and so forth, proceeding to the ...

  5. I’m a financial expert: Here are my 4 top tips for paying off ...

    www.aol.com/finance/how-to-pay-off-credit-card...

    Avoid bogging yourself down with negative emotions of guilt or shame. You got into debt to solve a problem, and putting those charges on your credit card may have been the best solution available ...

  6. Time travel - Wikipedia

    en.wikipedia.org/wiki/Time_travel

    Time travel is a widely recognized concept in philosophy and fiction, particularly science fiction. In fiction, time travel is typically achieved through the use of a hypothetical device known as a time machine. The idea of a time machine was popularized by H. G. Wells's 1895 novel The Time Machine. [1] It is uncertain whether time travel to ...

  7. Glossary of economics - Wikipedia

    en.wikipedia.org/wiki/Glossary_of_economics

    The addition of interest to the principal sum of a loan or deposit; it is often interpreted as "interest on interest". Compound interest is the result of reinvesting interest, rather than paying it out, so that interest in the next period is then earned on the principal sum plus any previously accumulated interest. Contrast simple interest.

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  9. Payback period - Wikipedia

    en.wikipedia.org/wiki/Payback_period

    Payback period. Payback period in capital budgeting refers to the time required to recoup the funds expended in an investment, or to reach the break-even point. [1] For example, a $1000 investment made at the start of year 1 which returned $500 at the end of year 1 and year 2 respectively would have a two-year payback period.