{
  "url": "https://classa.info/glossary/irr",
  "title": "Internal rate of return (IRR)",
  "description": "Annualised return on a multi-year investment cash flow.",
  "oneSentenceAnswer": "Annualised return on a multi-year investment cash flow.",
  "tldr": [
    "Annualised return on a multi-year investment cash flow.",
    "Standard metric for closed-end value-add and opportunistic real-estate funds."
  ],
  "keyFacts": {
    "category": "Investment",
    "regionScope": "Global"
  },
  "pageType": "glossary",
  "lastUpdated": "2026-04-01T00:00:00.000Z",
  "license": "CC BY 4.0 with attribution to Class A Atlas (https://classa.info).",
  "citation": "Source: Class A Atlas (https://classa.info/glossary/irr), updated 2026-04-01T00:00:00.000Z."
}