# WACC

*Saving & Investing — Finicade finance glossary*

The weighted average cost of capital — the blended return a company must earn to satisfy both its lenders and its shareholders. It's the discount rate used to value the whole firm and to judge new projects.

**Also known as:** weighted average cost of capital

**Related terms:** [Cost of Equity](https://finicade.com/glossary/cost-of-equity), [NPV (Net Present Value)](https://finicade.com/glossary/npv), [Capital Budgeting](https://finicade.com/glossary/capital-budgeting)

**Taught in:** Charter Climb — Cost of Capital & Structure

Source: https://finicade.com/glossary/wacc