An agency may prescribe a mileage radius of not greater than 50 miles to determine whether an employee's travel is within or outside the limits of the employee's official duty station for determining entitlement to overtime pay for travel.
DEFINITION of 'Cash-Flow Financing'. A form of financing in which the loan is backed by a company's expected cash flows. This differs from an asset-backed loan, where the collateral for the loan is based on the company's assets. The schedules or repayments for cash-flow loans are based on the company's projected future cash flows.
Incremental Cash Flow. In capital budgeting, incremental cash flow is the net after-tax cash flow which a project generates over its life. It is also called operating cash flow and it equals the excess of cash inflows over cash outflows on account of operating expenditure and taxes. Capital budgeting decisions require projecting cash flows into future and then using time value of money techniques to identify whether the project is profitable or not.