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Financial Terms related to Value
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glossary with more than five thousand financial
and business terms.
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Findthousandsoffinancialtermsatwww.
ftpall.
com
Financial Terms related to Value
This document is part of the valuable contents
available at www.
ftpall.
com, a free online
glossary with more than five thousand financial
and business terms.
This document can be copied and distributed freely
respecting its original format.
It is forbidden its
transcription, translation or change on its format
without authorization of its author or editor.
VALUE
Adjusted present value
• Abbreviated APV.
The net present value analysis of an asset if financed solely by
equity (present value of un-levered cash flows), plus the present value of any
financing decisions (levered cashflows).
In other words, the various tax shields
provided by the deductibility of interest and the benefits of other investment tax
credits are calculated separately.
This analysis is often used for highly
leveragedtransactions such as a leverage buy-out.
Annualized net present value anpv approach
• An approach to evaluating
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