refuse to pay check from underfunded account refer to drawer: to refuse to pay a check because the account from which it is drawn has too little money in it
Project portfolio management, the equivalent of financial portfolio management but focused on R&D projects rather than financial assets, often relies on decision analysis methods to value projects rather than traditional financial valuation methods such as net present value (NPV). In finance
By Bert De Reyck
management and international trade, and is an adjunct professor, teaching Global Business Today in the Executive MBA program at the University of Guelph. His most recent book is Global Business Today (3rd ed, 2011). He has served as executive in residence at the University of Tennessee and Universidad de Montevideo, and was worldwide strategic marketing adviser to the United States Treasury Department Bureau of the US Mint’s Gold Eagle Bullion coin program.
’s cash receipts and disbursements (R&D). Receipts primarily include accounts from recent sales, sales of other assets, proceeds of financing, etc. Disbursements include salaries, payments for recent purchases, dividends, and debt servicing. Many of the R&D entries are based on projected future sales.
A problem occurs for SMEs during their growth and development phase, when expenditures on asset acquisition and R&D need to be funded and financing obligations must be serviced. Debt finance, in particular, adversely impacts profitability because interest payments reduce the net profit available
By Neil Marriott
Definitions of ’RD’ and meaning of ’RD’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’RD’ and other financial terms with our online QFINANCE Financial Dictionary.