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The Time Value of Money in Financial Management

Author

Listed:
  • Munteanu Irena

    („Ovidius†University of Constanta)

  • Bacula Mariana

    (“Traian†Theoretical High School, Constanta)

Abstract

The Time Value of Money is a important concept in financial management. The Time Value of Money (TVM) includes the concepts of future value and discounted value. It is mandatory for a financial professional to know and operate the specific techniques of TVM. Within the present article we present the basic notions and illustrate their application in the field of investment projects. The case studies presented are valuable for an efficient financial management.

Suggested Citation

  • Munteanu Irena & Bacula Mariana, 2017. "The Time Value of Money in Financial Management," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 593-597, December.
    • Handle: RePEc:ovi:oviste:v:xvii:y:2017:i:2:p:593-597
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    More about this item

    Keywords

    time value of money; present value; future value;
    All these keywords.

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics

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