glossary

Return on Investment (ROI)

Return on investment measures the profitability earned from an investment relative to the amount invested. It is usually expressed as a percentage and helps compare the efficiency of different investment options or business decisions. A higher ROI generally indicates better returns, though it should be reviewed alongside risk and time factors.

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Running Costs

Running costs are the ongoing day-to-day expenses required to operate a business, asset, vehicle, machine, or department. Examples include fuel, electricity, maintenance, salaries, consumables,...

Royalty

Royalty is a payment made to the owner of an asset, right, or intellectual property for the use of that asset by another party....

Risk Assessment

Risk assessment is the process of identifying, analyzing, and evaluating risks that could affect the financial, operational, legal, or strategic position of a business....

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