Concept information
Preferred term
internal rate of return
Definition
- The internal rate of return (IRR) is what you get back (increase or decrease) for what you put in, in this case internally over a defined period of time. You may not have heard this definition from an economist or accountant, but in its true form it is accurate. [Source: Encyclopedia of Health Care Management; Internal Rate of Return (IRR)]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/internal_rate_of_return
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