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LSDefine

Simple English definitions for legal terms

IRR

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A quick definition of IRR:

The IRR, or internal rate of return, is a way to figure out how much money you can make from an investment over time. It's like a percentage that tells you how much profit you can expect to earn each year. For public utilities, there is a fair rate of return that they are allowed to earn, as determined by a public utility commission. The IRR is calculated using a discounted-cash-flow method to evaluate a long-term project and determine the actual return on an investment.

A more thorough explanation:

IRR stands for internal rate of return. It is a financial term used to evaluate the profitability of an investment. It is calculated as a percentage of the investment's annual income.

Rate of return is the annual income earned from an investment, expressed as a percentage of the investment. For example, if you invest $100 and earn $10 in a year, your rate of return is 10%.

Fair rate of return is the amount of profit that a public utility is allowed to earn, as determined by a public utility commission. For instance, if a utility company is allowed to earn a 10% fair rate of return, it means that it can earn a profit of 10% on its investments.

Internal rate of return is a discounted-cash-flow method used to evaluate the profitability of a long-term project. It helps to determine the actual return on an investment. For example, if you invest $100 in a project and earn $20 in the first year, $30 in the second year, and $50 in the third year, the internal rate of return will be calculated based on these cash flows.

Overall, IRR is an important financial metric used to evaluate the profitability of an investment or project. It helps investors to make informed decisions about where to invest their money.

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General

General chat about the legal profession.
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medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
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