time value of money
noun[U]
FINANCEukustheprinciplethatmoneyreceivedearly from aninvestmentorpaidback early on aloanisworthmore than if thatamountofmoneywerereceivedorpaidback at alatertime:
Discountedcashflowis astandardtechniqueforprojectingannualcashflowthattakesintoaccountthetimevalueofmoney.
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discounted cash flow