Overview

discounting


Show Summary Details

Quick Reference

An adjustment to cost estimates to allow for the fact that future monetary units (dollars, pounds, Euros, etc.) will have a different value from those at present, usually a smaller value because of the effects of inflation. Discounting applies an interest rate equivalent to the rate of inflation to produce estimates of future values at specified future times.

Subjects: Public Health and Epidemiology.


Reference entries

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