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time value of money.

Source :
ICSC Dictionary of Shopping Center Terms; 2005, p155-156, 2p
Publication Year :
2005

Abstract

A definition of the term "time value of money," which refers to the concept underlying compound interest, wherein a dollar received today is worth more than a dollar in the future, due to opportunity cost, inflation, and certainty of payment, is presented.

Subjects

Subjects :
DEFINITIONS
COMPOUND interest

Details

Language :
English
Database :
Complementary Index
Journal :
ICSC Dictionary of Shopping Center Terms
Publication Type :
Book
Accession number :
31178483

Tools

Authors Abstract Subjects Details