Capital budgeting:
Capital budgeting involves the process of decision making with regard to investment in fixed assets. Or decision making with regard to investment of money in long-term projects.

Pay back period:
Payback period represents the time period required for complete recovery of the initial investment in the project.

ARR:
Accounting or average rate of return means the average annual yield on the project.

NPV:
The net present value of an investment proposal is defined as the sum of the present values of all future cash in flows less the sum of the present values of all cash out flows associated with the proposal.

Profitability index:
Where different investment proposal each involving different initial investments and cash inflows are to be compared.

IRR:
Internal rate of return is the rate at which the sum total of discounted cash inflows equals the discounted cash out flow.

Treasury management:
It means it is defined as the efficient management of liquidity and financial risk in business.

Concentration banking:
It means identify locations or places where customers are placed and open a local bank a/c in each of these locations and open local collection canter.

Marketable securities:
Surplus cash can be invested in short term instruments in order to earn interest.

Ageing schedule:
In a ageing schedule the receivables are classified according to their age.

Maximum permissible bank finance (MPBF):
It is the maximum amount that banks can lend a borrower towards his working capital requirements.

Commercial paper: 
A cp is a short term promissory note issued by a company, negotiable by endorsement and delivery, issued at a discount on face value as may be determined by the issuing company.

Bridge finance:
It refers to the loans taken by the company normally from a commercial banks for a short period pending disbursement of loans sanctioned

by the financial institutions.

Venture capital:
It refers to the financing of high-risk ventures promoted by new qualified entrepreneurs who require funds to give shape to their ideas.

Debt securitization:
It is a mode of financing, where in securities are issued on the basis of a package of assets (called asset pool).

Lease financing:
Leasing is a contract where one party (owner) purchases assets and permits its views by another party (lessee) over a specified period

Trade Credit:
It represents credit granted by suppliers of goods, in the normal course of business.

Over draft:
Under this facility a fixed limit is granted within which the borrower allowed to overdraw from his account.

Cash credit:
It is an arrangement under which a customer is allowed an advance up to certain limit against credit granted by bank.

Clean overdraft:
It refers to an advance by way of overdraft facility, but not back by any tangible security.

Share capital:
The sum total of the nominal value of the shares of a company is called share capital.