7. Glossary

Discounting

Discounting involves determining the present value of cash flows that will occur in the future. It involves applying rates (discount rates) to financial flows from different eras. In particular, these rates take into account changes in the value of money (through inflation), as well as the degree of uncertainty associated with these flows as the horizon lengthens.

Analyse coût-bénéfice (ACB); benefit-cost analysis (BCA)

A cost-benefit analysis involves comparing the costs and benefits of a given decision, using a common standard of measurement: the monetary unit.

AT/MP; occupational accidents and diseases

Occupational injuries and illnesses as recognized and covered by Social Security.

Bias

In statistics...