Charter value (Buser, Chen and Kane, Journal of Finance, 1981) consists of the capitalized value
of real options for future profitable investment opportunities underlying franchise value in the corporate finance literature (Myers, Journal of Financial Economics, 1977) plus the capitalized value
of current and expected future safety-net subsidies.
It coordinates the work of the Project Committee, the Working Group capitalized value
and the thematic sub-groups and prepares the technical basis for decision making.
The $373,500 purchase price represented a discount against the capitalized value
In an economic sense, a mineral resource such as petroleum is conserved by the resource owner's efforts to maximize the capitalized value
of the resource.
More importantly, the appropriate level of compensation for liquor store owners needs to be examined first, and it should not exceed the capitalized value
of their reduced revenues from wine sales.
Averaged over all households, the capitalized value
of Social Security benefits accounts for about one-third of all household wealth and housing and other real estate account for another one-quarter of wealth.
A capitalized value
equals the discounted present value of all future cash flows.
Yet one very important asset is often overlooked in many estate plans: the capitalized value
of a human life, which may well be a client's most valuable and substantial asset.
When the company itself can provide the estimate of capitalized value
directly, using known parameters (such as the timing of cash flows and discount rates), it seems appropriate for companies to remove this inefficiency by directly disclosing capitalized value
The project would have cost the company half its capitalized value
, according to Jim Kowitz, the interim refinery manager in 2008 when Murphy Oil ended exploration of the expansion.
Adaptation of marketing to all these environmental factors is still poor: about 80% of all top brands, the capitalized value
of these fell in the last three years.
Three hundred thousand dollars is the capitalized value
of his earning power.