Present worth definition

Present worth or "present value" means that the present amount of money if increased at the applicable postretirement or preretirement interest rate assumption specified in section 356.215, subdivision 8, and based on the mortality table adopted by the board of trustees based on the experience of the fund as recommended by the actuary retained deleted text beginby the Legislative Commission on Pensions and Retirement deleted text endnew text beginunder section 356.214, and approved under section 356.215, subdivision 18,new text endwill at retirement equal the actuarial accrued liability of the annuity already earned.
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Present worth means, at any time and from time to time, the before income tax future cash flow from the sale of oil and gas to be produced from the Proved Reserves attributable to the Borrowing Base Oil and Gas Properties, as set forth in the most recent Reserve Report delivered from Borrower to Agent pursuant to Section 2.06, discounted to present value at the rate of nine percent (9%) per annum, and adjusted to incorporate the following additional criteria: (1) the Hydrocarbon prices used shall be those stated in Agent's then current Hydrocarbon pricing guidelines, adjusted for Permitted Hedge Agreements that are in place, and
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Present worth means the time-equivalent value of past, present or future cash flows as of the beginning of the base year.
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Examples of Present worth in a sentence

  • Present worth is defined as future net revenue discounted at a specified arbitrary rate compounded monthly over the expected period of realization.

  • Present worth cost is the total cost of an alternative over time in terms of today’s dollar value.

  • Module II (13 Hrs)Value Analysis – Function, aims, procedure.–Time value of money, Single payment compound amount factor, Single payment present worth factor, Equal payment series sinking fund factor, Equal payment series payment Present worth factor- equal payment series capital recovery factor-Uniform gradient series annual equivalent factor.

  • Present worth is defined as future net revenue discounted at a specified arbitrary discount rate compounded monthly over the expected period of realization.

  • Present worth cost is the total cost of an alternative over time in terms of today's dollar value.

  • Present worth, annual debt service, annual O&M and total annual cost per EDU for each alternative are also presented in the tables provided.

  • Present worth in $ kW—1 was con- verted to $ per kW h by dividing by average discharge time.

  • Present worth is the sum that, if invested now at a given interest (discount) rate, would provide exactly the funds required to pay all present and future costs of the project.

  • Present worth should not be construed as fair market value because no consideration was given to additional factors that influence the prices at which properties are bought and sold.

  • Present worth of annuity, Methods of depreciation: straight-ling method, declining balance method.


More Definitions of Present worth

Present worth means the cumulative present worth as calculated to the Date of Initial Commercial Operation using an eleven percent (11%) discount rate.
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Present worth shall be computed by discounting such amount to present worth at a rate equal to one percentage point above the discount rate then in effect at the Federal Reserve Bank.
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Present worth means equivalent present value which is calculated by converting costs that are anticipated to occur at different times to a present value considering inflation and the discounting effect of interest. The discount rate to be used in the analysis will be derived from the average annual Treasury Bill rate. The adjustment for inflation used in the analysis will be based on the Federal Bureau of Labor Statistics' Producer Price Index-all commodity category. The span of time used in this calculation will be a 10-year period.
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Related to Present worth

  • Present means in respect of any Person, such Person’s presence at a general meeting of Shareholders (or any meeting of the holders of any Class of Shares), which may be satisfied by means of such Person or, if a corporation or other non-natural Person, its duly authorized representative (or, in the case of any Shareholder, a proxy which has been validly appointed by such Shareholder in accordance with these Articles), being: (a) physically present at the meeting; or (b) in the case of any meeting at which Communication Facilities are permitted in accordance with these Articles, including any Virtual Meeting, connected by means of the use of such Communication Facilities;

  • Areas of Operations means the locations where PURCHASER performs the operations described in the contract.

  • AT Reference: ___________________________ Attention: ___________________________

  • Fair Valuation means the determination of the value of the consolidated assets of a Person on the basis of the amount which may be realized by a willing seller within a reasonable time through collection or sale of such assets at market value on a going concern basis to an interested buyer who is willing to purchase under ordinary selling conditions in an arm’s length transaction.

  • Hours of Operation are the hours established by the Employer to provide adequate service to the public and to fulfil the functions of the work unit.

  • Commencement of Operations means the beginning of active operations by a qualifying business of the principal function for which a qualifying project was constructed.

  • AREA OF OPERATIONS means the Company's oilfield operations in the States of Assam and Arunachal Pradesh.

  • Cost means all expenditure reasonably incurred (or to be incurred) by the Contractor, whether on or off the Site, including overhead and similar charges, but does not include profit.

  • Mileage means the distance traveled on a Portal to Portal basis in a Privately Owned Vehicle (POV). Mileage rates are determined by the Washington State Office of Financial Management (OFM).

  • Operations means all the activities conducted by PURCHASER under this contract, including project work, logging, or post harvest activities; or the furnishing of all materials, equipment, labor, and incidentals necessary to successfully complete any individual item or the entire contract.

  • Area of operation means an area coextensive with the territorial boundaries of the land acquired or

  • Ballot card means a ballot that can be counted using automatic tabulating equipment.

  • Working Timetable has the meaning ascribed to it in Part A of the Network Code.

  • Operating Guidelines means the guidelines for the creation and redemption of Units of a class as set out in the schedule to each Participation Agreement as amended from time to time by the Manager with the approval of the Trustee, and where applicable, with the approval of HKSCC and the Conversion Agent, and following consultation, to the extent reasonably practicable, with the relevant Participating Dealers subject always, in respect of the relevant Operating Guidelines for a Participating Dealer, any amendment being notified in writing by the Manager in advance to the relevant Participating Dealer. Unless otherwise specified, references to the Operating Guidelines shall be to the Operating Guidelines for the relevant Sub-Fund applicable at the time of the relevant Application.

  • LODR means the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015

  • Certificate of operation means a document issued by the administrator or an approved local jurisdiction for a conveyance indicating that the conveyance has been inspected by the administrator, an approved local jurisdiction, or a licensed third-party conveyance inspector and approved under this article.

  • Revise and Resubmit means that the Submittal does not meet all the requirements necessary to proceed with the Work associated with the Submittal. The Contractor must resubmit in accordance with the reviewer’s comments and/or corrections. Submittal marked in this manner must not be released for fabrication, delivery, or construction.

  • Counting center means one or more locations selected by the election officer in

  • Pollbook means a record of the names of voters in the order that they appear to

  • NBOME means the National Board of Osteopathic Medical Examiners, an organization that prepares and administers qualifying examinations for osteopathic physicians.

  • Records management means the systematic control of all records from creation or receipt through processing, distribution, maintenance and retrieval, to their ultimate disposition.

  • working time means any period during which the worker is working, at the employer’s disposal and carrying out his activity or duties, in accordance with national laws and/or practice;

  • All terms defined in this Agreement shall have the defined meanings contained herein when used in any certificate or other document made or delivered pursuant hereto unless otherwise defined therein. The definitions contained in this Agreement are applicable to the singular as well as the plural forms of such terms and to the masculine as well as to the feminine and neuter genders of such terms. Any agreement, instrument or statute defined or referred to herein or in any agreement or instrument that is referred to herein means such agreement, instrument or statute as from time to time, amended, qualified or supplemented, including (in the case of agreements and instruments) by waiver or consent and (in the case of statutes) by succession of comparable successor statutes and all attachments thereto and instruments incorporated therein. References to a person are also to its permitted successors and assigns.

  • Accounting Records means the general ledger and subsidiary ledgers and supporting schedules which support the general ledger balances.

  • Lodger means a member of the household group (see OAR 461-110-0210) who---

  • Financial Records means any document or summary of information contained in a document, including electronic documents, that contains information about the financial activities or position of a person including, but not limited to, information about the assets, balance sheets, budgets, cash flow, earnings, revenue, expenditures, income, investments, losses, liabilities, payroll, profits, retained earnings, or taxes.