Definitions for "current dollars"
When money amounts are in current dollars, it means that they have not been adjusted to take inflation into account.
The value or purchasing power of a dollar that has not been reduced to a common basis of constant purchasing power, but instead reflects anticipated future inflation; when used in computations the assumed inflation rate must be stated.
Dollar value in terms of prices current at the time of purchase. Often referred to as "then-year" or "nominal" dollars.
Keywords:  todays, asset, level, price, example
Value of an asset in terms of todays price level. For example, if a TV cost...