It takes into account commercial risk and discounts future cash flows (that is, it takes into account the time value of money) when making commercial, and particularly investment, decisions.

进行商业、特别是投资决策时，将商业风险和未来现金流折扣(即资金的时间价值)考虑在内。

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The time value of money is a simple principal to understand: basically it states that any amount of money is worth more today than the same amount of money in the future due to it's earning potential.

金钱的时间价值是一个很容易理解的原则：基本上它是讲今天的钱比未来同等金额的钱要值钱，因为今天的钱会有潜在的收益。

youdao

Normally it makes sense to choose a greater amount of money immediately than less in the future, as the value of a dollar is worth more today than it is tomorrow.

对于立即兑现且数额更多的资金以及尚需等待且数额更少的资金，通常人们会选择前者，这是有道理的。因为今天的美元比明天更值钱。

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Inflation, even mild inflation, destroys confidence in the future value of money under a discretionary government fiat money regime.

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The challenge will be to engage on fundamental reform and return to sound money under a rule of law that safeguards persons and property, including the property right a person has in the future value of money.

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Ideally, the money and the future value of the work are unimportant.

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