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PDV
(redirected from Present discounted value)

   Also found in: Financial, Wikipedia 0.01 sec.
AcronymDefinition
PDVProductschap Diervoeder (Product Board Animal Feed, Netherlands)
PDVPetroleos de Venezuela (Oil company)
PDVPacket Delay Variation
PDVPorez Na Dodanu Vrijednost (Croatian: Value Added Tax)
PDVPresent Discounted Value
PDVProzessdatenverarbeitung
PDVPrune Dwarf Virus
PDVPortal-Drained Viscera
PDVProgram Data Vector (SAS software)
PDVPresent Day Value
PDVPercent Daily Value
PDVPatent Ductus Venosus
PDVPacific Datavision, Inc (Clifton, NJ)
PDVPersonnel Decontamination Vehicle (Singapore Civil Defence Force)
PDVPredelivery Verification
PDVPulse Descriptor Vector
PDVPhase Doppler Velocimeter
PDVPressure Delivery Valve
PDVParametric Drive Voltage
PDVParker's Dope Vision (band)
PDVProtocol Data Value (computer science)
PDVPersonal Data Vault (software)
PDVPost, Digital and Visual Effects Production (film grant; Australia and New Zealand)
PDVPhocine Distemper Virus


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Consider a defined-benefit scheme with assets of 800m [pounds sterling], liabilities with a present discounted value of 1bn [pounds sterling]--calculated using the popular "medium cohort" projection (life expectancy of 19.
This type of model can be solved forward to express the exchange rate as the expected present discounted value of current and future fundamentals.
Previous studies of delay discounting (Loewenstein & Prelec, 1992; Mazur, 1987; Rachlin, Raineri, & Cross, 1991) have shown that the preference between delayed and immediate rewards is well described either by the following hyperbolic function: V = A/[1 + kD] (1) in which V is the present discounted value of the delayed reward, A is the amount of the delayed reward, D is the length of the delay, and k is the discount rate.
 
 
 
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