預設回報率
hurdle rate
投資經理或投資者要求項目或投資須達到的最低回報率。為抵償風險，項目風險越高，所提供的預設回報率也越高。就對沖基金而言，預設回報率是指基金經理如要獲得獎勵費便必須要超逾的回報率。
Investment manager or project or investor requires a minimum rate of return on investment to be achieved. Compensation for the risk, the higher the risk of the project, the default rate of return offered by the higher. A hedge fund, the default rate of return refers to the fund managers, such as to obtain incentive fees will have to exceed the rate of return.