Definitions by Kung-fu JeSuS
net realisable value
The price of a sellable item (highest at which it can be sold at) less the cost of bringing it to the point of sale (repairs, delivery etc.)
The computer is worth £X, but repairing it will cost £Y, and delivery costs and admin will be £Z.
Net realisable value is £X-(Y+Z)
Net realisable value is £X-(Y+Z)
net realisable value by Kung-fu Jesus July 6, 2004
net present value
Money has a time value, net present value is future cashflows brought back to today's value against a discount factor (11% is standard), minus the initial investment. If the net present value of cumulative cashflows is positive, then the project should be accepted, unless a more profitable investment is also availiable.
To calculate the NPV of an investment, one must know the discount factor, cost of investment and expected incomes (based off accurate data)
net present value by Kung-fu Jesus July 6, 2004
jet lag
The effects of having to quickly become accustomed to routine in another time zone and also of altitude changes. Causes fatigue.
jet lag by Kung-fu Jesus July 6, 2004
hello moto
(v.) The act of taking pictures of an extra-marital affair with a cameraphone, and showing the snapshots to the partner whilst repeating 'hello moto' in a japanese accent.
I personally enjoy smashing mobile phones with mallets stolen from the house at the other end of the road (teach him to leave his garages and tool shed open when he goes out).
hello moto by Kung-fu Jesus July 6, 2004
speculate to accumulate
A phrase used by potential profiteers to remind prospective investors that returns can only come from good investment. Really a buzzword (or buzzphrase) to get money from others to squander on fruitless and flowerly ideas. See European union, Belgium.
"Speculate to accumulate!" cried John, asking steve for the last crispy notes in his wallet. Eyeing up the tail at the bar, steve gladly turned over the contents of his wallet to John, who promptly brought the ladies a drink each. After some thirty minutes, John threw up over one of the fine females, making the money a write off due to his poor ability to handle drink. Steve's brother then started to insult one of the lasses, and they stormed off.
speculate to accumulate by Kung-fu Jesus July 6, 2004
dogs of war
dogs of war by Kung-fu Jesus July 6, 2004
eating contest
An event held predominantly in the united states, yet the 300lbs americans all get beaten by a 130lb Japanese person.
I watched something called the 'glutton bowl' on TV soem years back and laughed as the announcers kept claiming they the competitiors were not guys they picked up off the street, but actually professional eaters.
eating contest by Kung-fu Jesus July 6, 2004