English version

time value

From Longman Business Dictionarytime valueˈtime ˌvalue (also time value of money) noun [countable]FINANCE the fact that an amount of money to be received or paid in the future is worth less than the same amount today, and the further it is in the future, the less it is worthWe recognise that money has a time value by discounting future cash flows at an appropriate discount rate.
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