discount rate definition
In accounting this is the rate used to discount future cash flows in order to determine their present value.
In accounting this is the rate used to discount future cash flows in order to determine their present value.
Harold Averkamp (CPA, MBA) has worked as a university accounting instructor, accountant, and consultant for more than 25 years. He is the sole author of all the materials on AccountingCoach.com. Read more about the author.