Switch to text-only version for screen readers & visually impaired
Wachovia logo: go to home page


CORPORATE & INSTITUTIONAL GLOSSARY


Alphabetical Listing
Search  
K X Y Z #
P
Par
Pip
Current TermPresent Value
Put
Present Value
The current equivalent of payments or a stream of payments to be received at various times in the future. The present value will vary with the discount interest factor applied to future payments.