| 单词 | net present value |
| 释义 | net present value The present value of a security or an investment project, found by discounting all present and future receipts and outgoings at an appropriate rate of interest. If the net present value thus calculated is positive, it is worth while investing in a project, provided it can be financed. If the receipts or outgoings are subject to uncertainty, picking the appropriate rate of discount is difficult. |
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