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)

by Kung-fu Jesus July 6, 2004

Midas Presence

The tendency of any computer problem to be instantly fixed when anyone above a certain technical proficiency stands within a certain radius of the malfunctioning equipment

User: Whenever I try to configure my printer, it never.... hay, it's working fine. I promise I wasn't making it up...

Tecchie: It's OK. Just Midas Presence kicking in...

by j-cutter November 4, 2009

mouth present

A tasty treat for your mouth.

I bought you a mouth present (sandwich).

by reverend megaton July 9, 2010

prepneck

It's a person who hangs out with preppy people and the rednecks. They dress in their prep clothes sometimes but Wranglers othertimes. They generally aren't one or the other, just both. They fit in with both groups even though preps and rednecks are usually considered opposites.

(none: definition gives examples within itself)

by Summer June 15, 2004

prepwn

To defeat an opponent prior to the real game.

I punched Chris in the face before killing him in Counter-Strike. The prepwn made my victory that much sweeter.

by Lionel Hutz September 21, 2005

Perpendiculateral

Used to describe a word which is spelled the way it sounds.

Per-Pen-Dic-U-Later-Al

Student: "How do you spell *blank*"
Teacher: "Sound it out, Brennen - it's a perpendiculateral word"

by Frokachu February 5, 2010

Prepertoire

Prepertoire - prep·er·toire /ˈprepə(r)ˌtwär/ Noun:
1. The whole body of garments regularly worn by preppies.
2. The interests, hobbies, and items belonging to someone who is unabashedly prep.
3. The stock of skills or types of behavior that a preppy person habitually uses.

Ex. 1: All good preps have a Polo Cable-knit sweater in their prepertoire.

Ex. 2: You played rugby? I had no idea you had such a vast prepertoire.

Ex. 3: Muffy used her daddy's lawyer to get out of that fine. She always pulls that out of her prepertoire.

by ReneLacoste January 7, 2011