N.Y. Comp. Codes R. & Regs. tit. 10 § 441.266
Current through Register Vol. 46, No. 50, December 11, 2024
The price a buyer is willing to pay for one or a series of future benefits, the term generally being associated with a formal computation of the estimated worth in the future of such benefits from which a discount or compensation for waiting is deducted.
N.Y. Comp. Codes R. & Regs. Tit. 10 § 441.266