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单词 present value
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present value
present value n. Finance the current monetary value of a future payment or series of payments; spec. the present sum of money that will equal this when the income that the sum will generate and inflation are taken into account.
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society > trade and finance > monetary value > [noun] > current value
market rate1662
market value1691
present value1693
present worth1771
1693 Philos. Trans. (Royal Soc.) 17 602 The present value of Money payable after a term of years, at any given rate of Interest..may be had from Tables already computed.
1831 Encycl. Brit. III. 210/2 The present value of £1 to be received certainly at the end of any assigned term, is such a sum less as, being improved at compound interest during the term, will just amount to one pound.
1868 J. S. Mill Eng. & Ireland 36 What annual payment would be an equivalent..for the present value of whatever prospect there may be of an increase.
1952 Times 1 Aug. 9/2 The company had invested more than £19m. in Spain..without making any allowance for the depreciation in the value of money and therefore for the real present values of the assets.
1988 J. D. Barrow & F. J. Tipler Anthropic Cosmol. Princ. (rev. ed.) ii. 101 The present value of a future pay-off is not as great as the present value of a present pay-off because a future good is not as valuable as a present good.
extracted from presentadj.adv.
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