Reference Entry

present value

Peter Moles and Nicholas Terry

in The Handbook of International Financial Terms

Published in print January 1997 | ISBN: 9780198294818
Published online January 2005 | e-ISBN: 9780191727245
present value

Show Summary Details

Preview

The current worth of a payment or a stream of payments discounted at a given interest rate (cf. annuity

Reference Entry.  86 words.  Illustrated.

Subjects: Financial Institutions and Services

Full text: subscription required

How to subscribe Recommend to my Librarian

Buy this work at Oxford University Press »

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.