Estimated current value of a future amount to be received or paid out, discounted (see discounting) at an appropriate rate, usually at the cost of capital rate (the current market interest rate). PV provides a common basis for comparing investment alternatives. Also called present worth. See also net present value, ... more
How Do You Find a New Job?
It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently. ...Read more