Horizon date
Horizon date (alternatively known as terminal date) is the date when the growth rate becomes constant. At this date, it is no longer necessary to forecast the individual dividends.
Definitions
According to Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition),
- Horizon date (terminal date). The date when the growth rate becomes constant. At this date, it is no longer necessary to forecast the individual dividends.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
