present value

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POS

Noun Phrase

HYPHEN

pres=ent val=ue

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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

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