Jelenérték

Jelenérték is a Hungarian term that translates to "present value" in English. It is a fundamental concept in finance and economics used to determine the current worth of a future sum of money or stream of cash flows, given a specified rate of return. The core idea is that money available today is worth more than the same amount of money in the future due to its potential earning capacity.

To calculate the present value, one discounts future cash flows back to the present using a discount rate. This discount rate typically reflects the risk and opportunity cost associated with receiving the money at a later date. A higher discount rate implies that future money is worth less in today's terms, while a lower discount rate suggests the opposite.

The formula for present value is PV = FV / (1 + r)^n, where PV is the present value, FV is the future value, r is the discount rate, and n is the number of periods until the future value is received. This calculation is crucial for investment decisions, loan evaluations, and business valuations, allowing individuals and organizations to make informed financial choices by comparing the value of money across different time points. Understanding jelenérték helps in assessing the true profitability of investments and the cost of borrowing.