The required return in capital budgeting. For example, if a project has an expected rate of return higher than the hurdle rate, the project may be accepted. Found on http://www.duke.edu/~charvey/Classes/wpg/bfglosh.htm
Hurdle rate is a managerial accounting term used to describe the lowest rate of return that is acceptable for an investment. In other words, a hurdle rate is minimum return or amount of money a company expects to receive from an investment. Found on https://www.myaccountingcourse.com/accounting-dictionary/accounting-diction