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Financial markets and institutions

By: Material type: TextTextPublication details: New York; Pearson, 2020Edition: 9th EdDescription: 688 p. 20x25 cmISBN:
  • 9781292215006
Subject(s): DDC classification:
  • 332.1 MIS
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Item type Current library Collection Call number Status Barcode
Book Book Air University Multan Campus Library Management Science Management Science 332.1 MIS (Browse shelf(Opens below)) Available P004504

Time preference refers to the value of money spent now relative to money available for spending in the future. Businesses are frequently making decisions among short-term and long-term uses of funds, and business executives must judge between outlays which provide a return in the near term and those which pay off many years from now. They must decide upon commitments requiring funds now and those requiring funds later, by allocating not only funds that they expect to receive currently, but also those that they expect to receive in the future.

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