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IRR may refer to:


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Internal Rate Of Return - IRR (350 words)
As such, IRR can be used to rank several prospective projects a firm is considering.
IRR is sometimes referred to as "economic rate of return (ERR)".
You can think of IRR as the rate of growth a project is expected to generate.
Internal rate of return (IRR) (729 words)
IRR has a simply stated definition: "The IRR for an investment is the discount rate for which the total present value of future cash flows equals the cost of the investment." It is the interest rate, that is that produces a 0 NPV.
IRR has the most meaning when there is an initial net cash outflow, followed at least one period with a net positive cash inflow.
IRR cannot be calculated with outflows only, or inflows only; IRR is thus not applicable to "cost only" analyses (such as the typical cost of ownership analysis).
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