MOIC

In short

Multiple on invested capital: what came back divided by what went in, ignoring when. Insensitive to timing in exactly the way an internal rate of return is not, which is why the two are quoted together.

Where MOIC is explained in depth

The definition above is the short version. These pages put it to work, in the order they use it most:

Calculators that compute it

The whole glossary

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