fish-and-bait test
fish-and-bait test
Finance dictionary of financial terms
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Economics and finance
Definition of fish-and-bait test
fish-and-bait test: A description for the payback period since it concentrates on recovering the bait (the initial investment) paying no attention to the size of the fish (Present Value of all cash inflows).
Source : http://foba.lakeheadu.ca/hartviksen/2039/Finance%20Dictionary.doc
link: http://foba.lakeheadu.ca/
Author : not indicated on the source document of the above text
Finance dictionary of financial terms
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Definition and meaning of fish-and-bait test
Meaning of fish-and-bait test
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