Equivalent annual cash flow(redirected from Equivalent Annual Cash Flows)
Equivalent annual cash flow
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
Equivalent Annual Cash Flow
The cash flow required for the annual return on an annuity to equal the return on another investment vehicle. The equivalent annual cash flow is important in analyzing the risk and opportunity cost of an annuity.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved