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Term: Accounting -> Present value
Term:

Present value

Definition:

Present value is the discounted value of a payment or stream of payments to be received in the future, taking into consideration a specific interest or discount rate. Present Value represents a series of future cash flows expressed in today's dollars. A given amount of money is almost always more valuable sooner than later, so present values are generally smaller than corresponding future values.

Related terms:

Letters of Response

Dradt, demand ot sight

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