A concept which explains a received money in present time, is more valuable than money received in future is called

A concept which explains a received money in present time, is more valuable than money received in future is called Correct Answer time value of money

A concept which explains a received money in present time, is more valuable than money received in future is called time value of money. The time value of money (TVM) is the concept that money available at the present time is worth more than the identical sum in the future due to its potential earning capacity.
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