Replacement cycle
The frequency with which an asset is replaced by an equivalent asset. |
Similar financial terms
Stock replacement strategyA strategy for enhancing a portfolio's return, employed when the futures contract is expensive based on its theoretical price, involving a swap between the futures, treasury bills portfolio and a stock portfolio.
Replacement-chain problem
Idea that future replacement decisions must be taken into account in selecting among projects.
Replacement value
Current cost of replacing the firm's assets.
Replacement cost
Cost to replace a firm's assets.
Replacement cost
What it would cost today to replace a company’s existing assets.
Economic cycle
The economic cycle are predictable long-term pattern changes in national income. As for business cycles, the economic cycle has four (similar) stages:
- expansion
- prosperity
- contraction
- recession
After a recession, an expansion can start again. Some economists believe that major stock price movement patterns precede the stages of the economic cycle.
Business cycles
The patterns of fluctuation in growth patterns experienced by business caused by overall econimoc and financial trends, competitive forces and the nature of supply and demand. Cycles are predictable in patterns but not always in durations.
Product cycle
The time it takes to bring new and/or improved products to market.
Operating cycle
The average time intervening between the acquisition of materials or services and the final cash realization from those acquisitions.
Market cycle
The period between the 2 latest highs or lows of the S&P 500, showing net performance of a fund through both an up and a down market. A market cycle is complete when the S&P is 15% below the highest point or 15% above the lowest point (ending a down market). The dates of the last market cycle are: 12/04/87 to 10/11/90 (low to low).
Business cycle
Repetitive cycles of economic expansion and recession.
Cash conversion cycle
The length of time between a firm's purchase of inventory and the receipt of cash from accounts receivable.
Cash cycle
In general, the time between cash disbursement and cash collection. In net working capital management, it can be thought of as the operating cycle less the accounts payable payment period.
