Definition
An evaluation of the attractiveness of an investment proposal, using methods such as average rate of return, internal rate of return (IRR), net present value (NPV), or payback period.
Investment appraisal is an integral part of capital budgeting (see capital budget), and is applicable to areas even where the returns may not be easily quantifiable such as personnel, marketing, and training.
Use this term in a sentence
Have a question about this term? Ask for help in the BusinessDictionary.com Community
Related Videos
http://www.businessdictionary.com/definition/investment-appraisal.html
