Present value of expected future cash An organisation's financial income from sales, donations, contracts and/or grants minus the present value of cash expenditure e.g. the amount of investment and any initial and ongoing investment costs.
Often used in Capital is another word for money. It refers to financial capital or money and in particular the amount of cash and other assets held by an organisation. budgeting to determine whether or not to make an investment (if negative, the investment should not be made).