Word Study
[2x]
: Pâ Pæ Pè Pé Pœ P- P. P/ P< Pa Pb Pc Pd Pe Pf Ph Pi Pj Pk Pl Pm Pn Po Pp Pr Ps Pt Pu Pv Pw Px Py
present value
CIDE DICTIONARY
present value,
The principal which, drawing interest at a given rate, will amount to the given sum at the date on which this is to be paid; thus, interest being at 6%, the present value of $106 due one year hence is $100. [Webster 1913 Suppl.]
For further exploring for "present value" in Webster Dictionary Online
