Based on a specified rate of return, this is the worth of a sum of money or stream of cash flows in the future, valued today. There is a relationship between this term and future cash flows.

Previous Terms: 1031 Exchange, 1035 Exchange, AARP, Abeyance, Abstraction Principle, Accelerated Amortization, Acceptance Credit, Acceptance of a Bill of Exchange, Accommodation Bill, Accommodation Endorser