The option to terminate investments in the projects before completion. A firm may sometimes have the option to abandon a project, if the cash flows do not measure up to expectations.

//''Valuing an option to abandon a project can make otherwise unacceptable projects acceptable.''//
bag
finance_public
created
Tue, 03 Jan 2012 11:58:52 GMT
creator
dirkjan
modified
Tue, 03 Jan 2012 11:58:52 GMT
modifier
dirkjan
tags
Term
creator
dirkjan