Definitions for "present value"
Keywords:  discount, future, worth, today, dollar
The current value of one or more future cash payments, discounted at some appropriate interest rate.
The principal which, drawing interest at a given rate, will amount to the given sum at the date on which this is to be paid; thus, interest being at 6%, the present value of $106 due one year hence is $100.
The value of a future cash stream discounted at the appropriate market interest rate.
Are equity instruments that take no security against assets, have flexible terms of repayment and pay fixed or floating dividends.
Keywords:  selling, sale, price, time
The selling price at the time of sale i.e. now.