The hurdle rate is the minimum acceptable return on an investment i.e., the project appropriate discount rate.

The answer depends on two key variables the discount rate and future earnings growth.

Because both the discount rate and growth rate are assumptions, inaccuracies in one or both inputs can provide an improper value.

The liabilities were valued on the basis of a discount rate of 5.5 per cent.

In each case, the differences lie in the choice of the income stream and discount rate.

In addition, it is important to note that at a given discount rate, any exit multiple implies a terminal growth rate and conversely any terminal growth rate implies an exit multiple.

Risky projects are at a steep discount today, because the private sector financial market s risk tolerance has collapsed.

The discount rate used is generally the appropriate weighted average cost of capital (WACC), that reflects the risk of the cashflows.

(A common error in choosing a discount rate for a project is to apply a WACC that applies to the entire firm.

Ecological losses are calculated as the difference between the actual catches and the expected catches, using a three per cent annual discount rate.

7. Decides that the least developed countries should be placed in a separate level and receive the highest rate of discount available under the scale

The consumption discount rate should account for the possibility that, as consumption grows, the marginal unit of consumption may be considered to have less social value.

Let s not discount that statement.

Sami invited Layla back for an even bigger discount.

In the United States, the Federal Reserve has lowered its benchmark interest rate ten times since August 2007, from 5.25 to a zone between zero and 0.25 , and has reduced the discount rate 12 times (by a total of 550 basis points since June 2006), to 0.75 .

It's a difficult theory to discount, I think you'll agree.

There's a scratch here. Could you give me a discount?

However the assumptions used in the appraisal (especially the equity discount rate and the projection of the cash flows to be achieved) are likely to be at least as important as the precise model used.

Its proponents argue that it is the main policy instrument left, and that it will work by increasing credit or lowering the discount rate, which will raise asset prices and hence consumption via balance sheet effects.

There is also a related risk that private accounts would cause a further drop in the personal saving rate.

There's really no dispute about progress, if we discount the cost of that.

Let s assume that costs to prevent additional accumulation of CO2 (and equivalents) come to 1 of GNP every year forever, and, in accordance with a fair amount of empirical evidence, that the component of the discount rate attributable to the declining marginal utility of consumption is equal to twice the rate of growth of consumption.

A high rate of private saving and strong inflows of capital from abroad have supported investment in plant and equipment.

Their bonds sell at a discount relative to those of better managed individual states.

This is intended to stimulate private spending by bringing down the rate of interest at which banks lend to their customers.

The fortuneteller says, I give smokers a discount because there s not as much to tell.

But it is also a mistake to discount the importance of leaders with humanitarian values.

Instead, we purchased Al Qaeda, which we found wrapped in yellow tape in the discount bin.

Indeed, private consumption in China has been growing in real terms at an annual rate of around 10 for the last seven years.

As a result, the country s household savings rate will decrease dramatically, making it increasingly difficult for the private sector to finance budget deficits.

China s gross saving rate (the percentage of GDP that is not consumed immediately), which includes both public and private saving, is around 50 .

The result in Japan would then be rising real interest rates as the low private saving rate runs head on into large fiscal deficits.

Without first rate expertise in debt management, an economy implementing large scale public outlays risks crowding out private investment through overreliance on domestic savings.

Bulgaria from Level I to Level H Level H means 70 per cent discount for voluntary movement.

Latvia from Level I to Level H Level H means 70 per cent discount for voluntary movement.

Lithuania from Level I to Level H Level H means 70 per cent discount for voluntary movement.

Philippines from Level I to Level H Level H means 70 per cent discount for voluntary movement.

Poland from Level I to Level H Level H means 70 per cent discount for voluntary movement.

Romania from Level I to Level H Level H means 70 per cent discount for voluntary movement.

Slovakia from Level I to Level H Level H means 70 per cent discount for voluntary movement.

Indeed, almost two years of default threats by Correa were not enough to elicit a deep discount.

To proceed otherwise would discount the most important question the reliability of Russia as an energy supplier.

Growing use by retailers of own brands and discount retailing have also been driving prices down significantly.

Inflation is another concern. With official figures widely discredited, private analysts estimate that consumer prices are rising at an annual rate of 25 or more.

Seeking to boost economic growth, the authorities may soon destroy their one great advantage the low rate of interest on government debt and private borrowing.