（投资预算）最低预期资本回收率

要求报酬率；门坎比率；最低可接受费率

hurdle rates───要求报酬率；门坎比率；最低可接受费率

hurdle race───n.障碍竞赛；跳栏赛跑

hurdle races───n.障碍竞赛；跳栏赛跑

hurdles race───n.障碍竞赛；跳栏赛跑

hurdles races───n.障碍竞赛；跳栏赛跑

hourly rate───每小时工资率；小时率

headline rate───税率；利率

burn rate───烧钱率；消耗速度；资金消耗率

church rate───教堂维持费

Munger: The concept of a hurdle rate makes nothing but sense, but a lot of people using this make terrible errors.───芒格：要求回报率这个概念有意义但是没用，很多人都错用了这个东西。

This rate of return is often referred to asthe discount rate, hurdle rate, or opportunity cost of capital.───这个回报率通常指贴现因子、最低预期资本收益率或者资本的机会成本。

aim of this essay discusses is about how to actually get the hurdle rate.───本文关注的是如何估计出项目的必要收益率。

Projects to be considered viable must at least meet the hurdle rate.───值得投资的项目必须至少能达到目标收益率。

Investment theory dictates that the hurdle rate should be equal to or greater than the incremental cost of capital.───投资理论规定，目标收益率应等于或大于增量资本成本。

The hurdle rate returns to the LPs the cost of various fees that the GPs has previously charged.───在后一种情况下，一般合伙人此前收取的各种费用成本将返还给有限合伙人。

This is what oil prices look like. OK? This is a very bad system because what happens is your hurdle rate gets set very low.───这就是石油价格的走势，对不对？这是一个很糟糕的体系，因为你的最低资本预期回收率设置的很低。

NPV is the most important method in capital budgeting, an important input variable it needs is the hurdle rate of a project.

Investment theory dictates that the hurdle rate should be equal to or greater than the incremental cost of capital.

As an extra precaution against an ongoing down market, Narayanan suggests building in a "margin of safety": a 3 to 5 percent premium over the target hurdle rate.