| 单词 | discount factor | 
| 释义 | > as lemmasdiscount factor   discount factor  n. Finance a factor which, when multiplied by a particular year's predicted cash flow, brings the cash flow to a present value (present value n. at present adj. and adv. Compounds 3). ΚΠ 1915    H. H. Chapman Forest Valuation v. 56  				In the above case, 1/	7.1067 gives a discount factor of 0.1407, which means that $1.00 payable in fifty years has a present value, at 4 per cent, of $0.1407. 2000    P. K. Satish in  L. Borodovsky  & M. Lore Professional's Handbk. Financial Risk Managem. iii. 76  				The discount curve reflects the discount factor applicable at different dates in the future. < as lemmas | 
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