Present value (PV) is a financial concept that refers to the current worth of a sum of money or stream of cash flows that will be received or paid in the future, discounted back to the present using a specific interest rate. The idea behind present value is that a dollar today is worth more than a dollar in the future due to the potential earning capacity of money, which is often referred to as the time value of money.
Articles by others on the same topic
There are currently no matching articles.