Global Economy Meeting and Time value of money: Difference between pages

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The Global Economy Meeting (GEM) is the principal discussion forum of central bank Governors during the regular [[Bank for International Settlements]] (BIS) bimonthly meetings.
''Investment and funding appraisal.''


The committee monitors and assesses developments in the world economy and the global financial system. It provides a forum for discussion and cooperation and central banks. It guides and receives reports from the Basel-based central bank committees: the [[Committee on the Global Financial System]] (CGFS), [[Committee on Payments and Market Infrastructures]] (CPMI) (called the Committee on Payment and Settlement Systems (CPSS) up to September 1 2014) and the [[Markets Committee]].  
(TVM).  


The GEM comprises the Governors of 30 BIS member central banks in major advanced and emerging market economies that account for about four fifths of global GDP and meetings are observed by Governors from several other central banks.
Time value of money is the concept that money held now (or receivable immediately) is worth more than the same amount of money to be received at some later time.
 
The time value of money is reflected in the charging of interest for the use of money, and also in discounted cash flow analysis.
 
 
All other things being equal, the time value of money means:
 
*Earlier receipts are better than later ones.
 
*Later payments are better, compared with earlier payments.
 
*Later receipts are worse.
 
*Earlier payments are worse.
 
 
== See also ==
* [[Compound interest]]
* [[Discounted cash flow]]
* [[Float]]
* [[Future value]]
* [[Interest]]
* [[Investment appraisal]]
* [[Opportunity cost]]
* [[Present value]]
* [[Simple interest]]
* [[Time value]]
 
[[Category:Corporate_finance]]
[[Category:Investment]]

Revision as of 18:38, 30 October 2021

Investment and funding appraisal.

(TVM).

Time value of money is the concept that money held now (or receivable immediately) is worth more than the same amount of money to be received at some later time.

The time value of money is reflected in the charging of interest for the use of money, and also in discounted cash flow analysis.


All other things being equal, the time value of money means:

  • Earlier receipts are better than later ones.
  • Later payments are better, compared with earlier payments.
  • Later receipts are worse.
  • Earlier payments are worse.


See also

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