WACC stands for:

**The reasoning** WACC is a fundamental finance and accounting acronym that every business student must know. It stands for **Weighted Average Cost of Capital** — the average rate a company pays to finance its assets, calculated by weighing the cost of debt and equity according to their proportions in the company's capital structure. Think of it this way: If a company raises ₦100 million (₦60M from loans at 10% interest and ₦40M from shareholders expecting 15% returns), the WACC blends these costs based on their weights: (0.6 × 10%) + (0.4 × 15%) = 12%. This 12% tells investors the minimum return the company must earn to satisfy all stakeholders. **Why the wrong options tempt you** Options B, C, and D are complete nonsense — they're designed to catch students who panic and guess random combinations of words starting with W, A, C, C. "World Acc Cap Co" and "Weekly Acct Cost" sound vaguely business-related but mean nothing in finance terminology. **Quick takeaway** WACC = Weighted Average Cost of Capital — it's the company's overall cost of funding, blending debt and equity costs. Master this term; it appears everywhere in corporate finance!