Term of the Road Dictionary

discount rate

  • Language : PIARC Road Dictionary / English
  • Theme : Financial and Legal Tools Finance and Procurement Economics and Finance
  • Definition : Percentage rate used to discount future cash flows to enable comparisons to be made between payments made at different times. Note: the rate quantifies the extent to which a sum of money is worth more to decision-makers today than the same amount at a future time (year).

Back to theme

This site uses cookies to optimize its operation. They allow you to securely access your personal space and download our publications. You accept their use by clicking on the "Continue" button.