net present value

sum of the discounted future cash flows

Note 1

Where only costs are included, this may be termed net present cost (3.1.68)

Note 2

This is the standard criterion for deciding whether an option can be justified on economic principles, but other techniques are also used.

Bron

ISO 15686‑5:2008, 3.2.2

Norm

Titel

Buildings and constructed assets - Service life planning - Part 11: Terminology

Paragraaf

3.1.69