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Definition of Net present value
1. Noun. (finance) The present value of a project or an investment decision determined by summing the discounted incoming and outgoing future cash flows resulting from the decision. ¹
¹ Source: wiktionary.com
Medical Definition of Net present value
1. The sum of the costs and benefits of a project or activity. Future benefits and costs are discounted to account for interest costs. (05 Dec 1998)