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Meaning / Definition of

Trademark Act

Categories: Patent,

Trademark Act of 1946, as Amended (PUBLIC LAW 79-489, CHAPTER 540, APPROVED JULY 5, 1946; 60 STAT. 427)- currently contained in chapter 22 of title 15 of the United States Code (USC); the major body of U.S. law that governs federal registration of trademarks -- see trademark Rules of Practice and Federal Statutes for links to the applicable sections of title 15 and a more detailed citation history of the trademark Act.

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Definition / Meaning of

Dollar-weighted Rate Of Return

Categories: Accounting, Investing and Trading,

The rate of return that would make the present value of future cash flows plus the final market value of an investment or business opportunity equal the current market price of the investment or opportunity; in other words, the rate of return at which the net present value of the project is zero. If the internal rate of return exceeds the cost of financing the project, then the project is viable. The internal rate of return is also useful in ranking competing investment projects (the higher the internal rate of return, the better the project is), but there are some limitations with this technique. First, if cash flows change from negative or positive, or vice versa, a unique internal rate of return cannot be calculated, Second, in the case that competing projects are being considered, the internal rate of return criteria sometimes gives a different ranking than the net present value criteria. Thus, net present value is usually preferred over internal rate of return, since net present value is a specific number and is usually easier to calculate. also called dollar-weighted rate of return.

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