Term	Book	Chapter	Definition
Internal Rate of Return (IRR)	Corporate Finance	Chapter 5: Capital Budgeting Fundamentals	The discount rate at which the NPV of a project equals zero, representing the project’s expected annual rate of return.
Internal Rate of Return (IRR)	International Finance	Chapter 15: Foreign Direct Investment (FDI)	A measure of profitability that should exceed the company’s cost of capital, adjusted for the risk premium associated with the host country.
Internal Rate of Return (IRR)	Venture Finance	Chapter 18: Measuring Returns on Investment	A measure used in venture capital that accounts for the time value of money, providing a view of an investment’s annualized return over time. It calculates the discount rate at which the net present value (NPV) of all cash inflows and outflows from an i