Future Value
Noun
US
/ˈfjuːtʃə ˈvæljuː/
UK
/ˈfjuːtʃə ˈvæljuː/
US
/ˈfjuːtʃə ˈvæljuː/
UK
/ˈfjuːtʃə ˈvæljuː/
The value of a current asset at a future date based on an assumed growth rate.
Future Value is a fundamental concept used in financial statements and business planning.
Also known as: FV, Terminal Value. Closely related to Present Value, Compound Interest. Contrasts with Present Value.
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Future Value - key concept in Basic Finance.
Investment planning; SIP; Retirement
Applied in Basic Finance contexts: Investment planning; SIP