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Concept information

Preferred term

time value of money  

Definition(s)

  • The term time value of money refers to the concepts and calculations behind the simple observation that a dollar to be received in one year, or at some arbitrary time in the future, is worth less than a dollar to be received today. Mortgage payments for physician offices, interest expense on equipment loans, and investment annuities are all examples of time value of money calculations. [Source: Encyclopedia of Health Care Management; Time Value of Money]

Belongs to group

URI

http://data.loterre.fr/ark:/67375/N9J-S3W3C0SW-Q

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