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Present Value Index (PVI) |
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Present Value Index (PVI)The ratio of the NPV of a project to the initial outlay required for it. The index is an efficiency measure for investment decisions under capital rationing.Present Value Index (PVI) Similar MatchesNet present value ruleNet present value ruleAn investment is worth making if it has a positive NPV Projects with negative NPVs should be rejected. Company representative (tied agent)Company representative (tied agent)A financial services sales rep, authorised to give financial advice on life assurance, pensions and unit trusts, but only allowed to recommend products from his/her employer. Unlike, IFAs, therefore, tied agents cannot be assumed to give impartial advice.Under the Financial Services Act 1986 all financial advisers must tell prospective clients whether they are tied agents or independent, so that the client knows what kind of advice he is getting.Tied agents are regulated by the Financial Services Authority (FSA). Net present value of growth opportunitiesNet present value of growth opportunitiesA model valuing a firm in which net present value of new investment opportunities is explicitly examined. Net present valueNet present valueSame as present value, being sure to include (negative) payments as well as (positive) receipts. Registered representativeRegistered representativeA person registered with the CFTC who is employed by and solicits business for a CFTC or CFTC. Further SuggestionsRegistered RepresentativeAppointed representative AIMR Performance Presentation Standards Implementation Committee Present value of growth opportunities Adjusted present value (APV) Net adjusted present value Net present value (NPV) net present value Present value factor Present value Present value Proportional representation Present State |
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