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Present worth   Listen
noun
Present worth, Present value  n.  (of money payable at a future date) The principal which, drawing interest at a given rate, will amount to the given sum at the date on which this is to be paid; thus, interest being at 6%, the present value of $106 due one year hence is $100.






Collaborative International Dictionary of English 0.48








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"Present worth" Quotes from Famous Books



... our travelling expenses back, as stated in another part of my Narrative. Also during the whole of this year a Christian lady gave to our dear child board and schooling without any remuneration, a present worth to us not less than fifty pounds. On this point I cannot help making a few remarks: I had clearly seen it to be the will of God that my daughter should be brought up at school, and not at home. My reasons for it were these: 1. My dear wife, though ...
— The Life of Trust: Being a Narrative of the Lord's Dealings With George Mueller • George Mueller

... foot. It was his experience that when people with high-born names came to him by night mysteriously there was always profit in it for himself. And then, there was that title-deed. He had bought the house cheap, but its present value was five times what he gave for it. Its loss would mean more to him than the loss of a wife to some men—as Yasmini knew, ...
— Guns of the Gods • Talbot Mundy

... possible." To Spain, they argued, the sale of the island would be a great advantage. The most startling declaration of the manifesto was that if Spain should refuse to sell "after we shall have offered a price for Cuba far beyond its present value," and if Cuba, in the possession of Spain, should seriously endanger "our internal peace and the existence of our cherished Union," then "by every law, human and divine, we shall be justified in wresting it from Spain ...
— Encyclopaedia Britannica, 11th Edition, Volume 4, Part 3 - "Brescia" to "Bulgaria" • Various

... years previous to this time, Smith had purchased a considerable tract of land at the north of the then flourishing village, at fifty dollars an acre. Its present value was about three ...
— Lessons in Life, For All Who Will Read Them • T. S. Arthur

... prejudice against tobacco, in all the tide water regions of the State, because it was through the culture of tobacco that the once fertile soil had been impoverished; but he did not believe that, at the present value of negroes, their labor could be applied to the culture of grain with any profit, except under peculiarly favorable circumstances. Possibly the use of guano might make wheat a paying crop, but he still doubted. He had not used it, himself. ...
— Tobacco; Its History, Varieties, Culture, Manufacture and Commerce • E. R. Billings

... his recent fine edition of Joinville, determines the valuation of these livres, in the reign of St. Lewis, by taking a mean between a value calculated on the present value of silver, and a value calculated on the present value of gold,[2] and his ...
— The Travels of Marco Polo, Volume 2 • Marco Polo and Rustichello of Pisa

... to in Chap. xxxi. Before the wars, a buffalo could be got for P10 in places, such as hemp districts, where ploughing is seldom necessary, whilst in the sugar-yielding Island of Negros P30 was about the lowest price for an average trained animal. The present value is from P125 ...
— The Philippine Islands • John Foreman

... which His Majesty's Government are to a certain extent determined to avail themselves. But previous to deciding upon the extent of the establishment it is necessary that I should be informed of the present value of these Estates, of their capability of improvement and of the mode in which their revenues have hitherto been ...
— McGill and its Story, 1821-1921 • Cyrus Macmillan

... bought five thousand acres of the old Seneca Indian reservation at ten dollars per acre. To this they added later nearly as much more. Parts of this estate now lie within the corporate limits of Buffalo; and though they sold out and removed to the West before the land attained its present value, the purchase was a most fortunate one for them. Metz records that they had much trouble at first with the Indians; but they overcame this and other difficulties, and by industry and ingenuity soon built up comfortable homes. Three hundred ...
— The Communistic Societies of the United States • Charles Nordhoff

... rent at only five shillings, and land at sixteen years' purchase. Upon this basis, the rent would be 14L, and the value of the fee simple 224L. Now, if it were required to equate that sum with its present value, a very operose [Endnote: 13] calculation might be requisite. But contenting ourselves with the gross method of making such equations between 1560 and the current century, that is, multiplying by five, we shall find the capital value of the estate to be eleven hundred ...
— Biographical Essays • Thomas de Quincey

... any one at this point doubts the accuracy of the figures just given, all he has to do is to take the amount of the indemnity as stated in gold marks and then multiply it by the present value of the mark and he will find to his chagrin that the figures are correct. If he is still not satisfied I refer him to a book of Logarithms. If he is not satisfied with that I refer him to any work on conic sections and if not convinced ...
— My Discovery of England • Stephen Leacock

... scout to look into her present situation and report on it, McAlpin could point only to Bull Page. Bull was a ready instrument, but his present value as an assistant had become a matter of doubt, since practically every man in the Gap had threatened within the week to blow his head off—though Bull himself felt no scruples against making an attempt to reach Music Mountain and get ...
— Nan of Music Mountain • Frank H. Spearman

... honor, the hope, the expectation, the tenderness, and the comforts that have been blasted by the defendant, and have fled forever, that you are to remunerate the plaintiff by the punishment of the defendant. It is not her present value which you are to weigh; but it is her value at that time when she sat basking in a husband's love, with the blessing of Heaven on her head, and its purity in her heart; when she sat amongst her family, and administered the morality of the parental board. Estimate that past value—compare ...
— Irish Wit and Humor - Anecdote Biography of Swift, Curran, O'Leary and O'Connell • Anonymous

... from his not working with the chalk or pencil; and that if he would paint half the number of pictures in the year which he usually produces, and spend his spare time in hard dry study of forms, the half he painted would be soon worth double the present value of all. For he really has deep and genuine feeling of hill character—a far higher perception of space, elevation, incorporeal color, and all those qualities which are the poetry of mountains, than any other of our water-color painters; and it is an infinite pity that he should ...
— Modern Painters Volume I (of V) • John Ruskin

... knight banneret 4 sols. 20 sols went to the pound, and although the exact value of money in those days relative to that which it bears at the present time is doubtful, it may be placed at twelve times the present value. Therefore each horse archer received an equivalent to 6s. a day, each squire 12s., each knight 24s., and each knight banneret ...
— Saint George for England • G. A. Henty

... to find out just how much that hundred thousand or two or three you've sunk in me is worth. And I've found out. It's present value is not ...
— No. 13 Washington Square • Leroy Scott

... anachronisms of thought and omissions of fact, you have added the dishonesty of the partisan historian and the false glamour of the picturesque one, you will be so good as to proceed to find the present value ...
— Obiter Dicta • Augustine Birrell

... The tax on the increment of land begins by recognising and franking all past increment. We look only to the future; and for the future we say only this: that the community shall be the partner in any further increment above the present value after all the owner's improvements have been deducted. We say that the State and the municipality should jointly levy a toll upon the future unearned increment of the land. A toll of what? Of the ...
— Liberalism and the Social Problem • Winston Spencer Churchill

... purposes. This is a consequence of the greater division of labor which causes unfinished products to be put on the market more and more frequently,—products which come to have a value only after some time, but which, when that time has elapsed, have present value. And, indeed, as the world advances and civilization grows, it becomes much easier to forecast the future with certainty. The future, also, then becomes more a source of solicitude, and fixed capital, ...
— Principles Of Political Economy • William Roscher

... since it is the right that pertains to me. If you shall encounter in this great difficulties and annoyances, you shall leave the matter in its present shape. You shall advise me of the condition of the country and the mines, and the annual amount of the said fifth, based on the present value of the tenth, so that after examination in my royal Council of the Yndias, the most ...
— The Philippine Islands, 1493-1898, Volume VIII (of 55), 1591-1593 • Emma Helen Blair

... were not so, yet the past history of a word, a history that must needs start from its derivation, how soon soever this may be left behind, can hardly be disregarded, when we are seeking to ascertain its present value. What Barrow says is quite true, that 'knowing the primitive meaning of words can seldom or never determine their meaning anywhere, they often in common use declining from it'; but though it cannot 'determine,' it can as little be omitted or forgotten, when this determination ...
— On the Study of Words • Richard C Trench

... who picked up a pencil from the table and made a few figures on a blotting pad; "the present value of a peso is twenty-eight cents. That would make the total damage eleven dollars and seventy-six cents in the currency of my country. Does President Yozarro ...
— Up the Forked River - Or, Adventures in South America • Edward Sylvester Ellis

... representative of the best that is being done. But "Blind Vision," "The Unsent Letter," "His Escape," "The Boy's Mother" and "The Sixth Man" are now made accessible in book form, and give this anthology its present value. ...
— The Best Short Stories of 1920 - and the Yearbook of the American Short Story • Various

... Neck to be held the following week at Wilmington, Delaware, and could avail themselves of the right to have their equity assessed under the laws of Delaware, but as the liabilities practically equaled the present value of the property that equity would naturally ...
— Tutt and Mr. Tutt • Arthur Train

... Proposal' (Works, iv. 540), where Bentham takes money as representing pleasure, and shows how the present value may be calculated like that of a sum put out to interest. The same assumption is often made by Political ...
— The English Utilitarians, Volume I. • Leslie Stephen

... payments, while bullion continues of its present value compared with corn, labour, and most other commodities; little alteration will be required in the existing corn laws. The bullion price of corn is now very considerably under sixty three shillings, ...
— Observations on the Effects of the Corn Laws, and of a Rise or Fall in the Price of Corn on the Agriculture and General Wealth of the Country • Thomas Malthus

... all," he said, when Alain had finished. "M. Louvier had predetermined to possess himself of your estate: he makes himself mortgagee at a rate of interest so low, that I tell you fairly, at the present value of money, I doubt if you could find any capitalist who would accept the transfer of the mortgage at the same rate. This is not like Louvier, unless he had an object to gain, and that object is your land. ...
— The Parisians, Complete • Edward Bulwer-Lytton

... you are wrong, most noble Captain. Margaret has had a lawyer's letter, and she is residuary legatee—the legacies being about two thousand pounds, and the remainder about forty thousand, at the present value of property in Milton.' ...
— North and South • Elizabeth Cleghorn Gaskell

... aquatic boxes, fishing-tubes, with a host of other articles, all of which would have been useful in the hands of an experienced microscopist, but, as I afterwards discovered, were not of the slightest present value to me. It takes years of practice to know how to use a complicated microscope. The optician looked suspiciously at me as I made these wholesale purchases. He evidently was uncertain whether to set me down as some scientific celebrity or a madman. ...
— The Atlantic Monthly, Vol. I., No. 3, January 1858 - A Magazine of Literature, Art, and Politics • Various

... of an event is considered as the present value, or worth, of whatsoever sum or thing is depending on the happening of that event. Therefore if the expectation on an event be divided by the value of the thing expected, on the happening of that event, the quotient will ...
— The Gaming Table: Its Votaries and Victims - Volume II (of II) • Andrew Steinmetz

... the sixteen shoemaker workers (Schusterknechte) of the town Xanten, on the Rhine, gave, for erecting a screen and an altar in the church, 75 guldens of subscriptions, and 12 guldens out of their box, which money was worth, according to the best valuations, ten times its present value. ...
— Mutual Aid • P. Kropotkin

... preserve the most important samples of the primitive life. Some of them, as for instance those intended to retain the large tropical animals in their natural state, would have to be as imperial in their areas as the Yellowstone Park, but these would lie in realms which have no present value to our own race and are scantily inhabited ...
— Domesticated Animals - Their Relation to Man and to his Advancement in Civilization • Nathaniel Southgate Shaler

... immediate loss to the public treasury from the adoption of this policy would be inconsiderable, for these lands are sold at low rates. The forest alone, economically managed, would, without injury, and even with benefit to its permanence and growth, soon yield a regular income larger than the present value of ...
— The Earth as Modified by Human Action • George P. Marsh

... is due," we hear the Apostle saying. Worship is therefore not an absolute value but a varying value, the content of any act of which will be determined by the nature of the object toward which it is directed. It is greatly like love in this respect; its nature is always the same, but its present value is determined by the object to which it is directed. We are to love the Lord our God, and we are also to love our neighbour; the nature of the love is in each case the same; and yet we are not to love our neighbour with the ...
— Our Lady Saint Mary • J. G. H. Barry

... ill-defined, so amply justified the prophetic faith of its advocates that a century later many millions of dollars in excess of the purchase money were spent in commemorating the transfer of a tract of land without which the present greatness of the United States would not have been possible. The present value of the agricultural products alone of the area for one year are a hundred times, and the taxable wealth more than four hundred times, ...
— Final Report of the Louisiana Purchase Exposition Commission • Louisiana Purchase Exposition Commission

... which a bookseller will give for it will bear no proportion to the sum which he will afterwards draw from the public, if his speculation proves successful. He will give little, if anything, more for a term of sixty years than for a term of thirty or five and twenty. The present value of a distant advantage is always small; but when there is great room to doubt whether a distant advantage will be any advantage at all, the present value sink to almost nothing. Such is the inconstancy of the public taste ...
— The Miscellaneous Writings and Speeches of Lord Macaulay, Vol. 4 (of 4) - Lord Macaulay's Speeches • Thomas Babington Macaulay

... to be printed." The other considerations were the payment of the like sum of five pounds upon the entire sale of each of the first three impressions, each impression to consist of thirteen hundred copies. "According to the present value of money," says Professor Masson, "it was as if Milton had received L17 10s. down, and was to expect L70 in all. That was on the supposition of a sale of 3,900 copies." He lived to receive ten pounds altogether; and his widow in 1680 parted with all her interest in the ...
— Life of John Milton • Richard Garnett

... the manor, number of ploughs, of homagers, villeins, cottars, free tenants, tenants in socage; how much wood, meadow, and pasture; number of mills and fishponds; the value in the time of the last king; and its present value. ...
— English Villages • P. H. Ditchfield

... always an easy road at first for the youngster who has very little or nothing to commence upon, especially if he be a gentleman born, and has only his hands to help him. He must put his pride in his pocket and learn to be content to be taken at his present value. If he does that he will find, that his birth and education will stand to him, and that no matter what occupation he may be forced to take up, if his life and conduct be manly and reliable he will command as much or more respect from his (for the time being) ...
— Five Years in New Zealand - 1859 to 1864 • Robert B. Booth

... is of special importance in the history of the Temple, because the patent granted by him in 1608 relieved the two societies from what had been a somewhat precarious tenure of their property. As a mark of gratitude they spent L666 (about L3,500 at present value) on a gold cup for the king, which was subsequently pawned in Holland by Charles I. The outbreak of the Civil War in 1642 checked for a time the prosperity of the Temple. For two years the buildings were practically deserted, and readings and exercises ceased till the Commonwealth ...
— Memorials of Old London - Volume I • Various

... payable in the same currency in which they may have been contracted; all uncancelled postage and other revenue stamps issued by the Government since the annexation will remain valid, and will be accepted at their present value by the future Government of the State; all licenses duly issued since the annexation will remain in force during the period for which they ...
— Impressions of South Africa • James Bryce

... bank to throw into circulation ninety millions of dollars, (three times the capital), which increases our circulating medium fifty per cent., depreciates proportionably the present value of the dollar, and raises the price of all future purchases ...
— Memoir, Correspondence, And Miscellanies, From The Papers Of Thomas Jefferson - Volume I • Thomas Jefferson

... pretend to say how many centuries have elapsed since the day was even one second shorter than it is at present; but centuries are not the units which we employ in tidal evolution. A million years ago it is quite probable that the divergence of the length of the day from its present value may have been very considerable. Let us take a glance back into the profound depths of times past, and see what the tides have to tell us. If the present order of things has lasted, the day must have been shorter and shorter the farther we look back into the dim past. The day ...
— The Story of the Heavens • Robert Stawell Ball

... will prove enormously profitable I have not the shadow of a shade of doubt. General Wilkinson knows the property, and so do I. There are more than a million acres to be had for fifty thousand dollars. The present value is ten ...
— A Dream of Empire - Or, The House of Blennerhassett • William Henry Venable

... bonded indebtedness of the roads largely exceed the actual cost of their construction or their present value, and that unreasonable rates are charged in the effort to pay dividends on watered stock and interest on bonds ...
— The Railroad Question - A historical and practical treatise on railroads, and - remedies for their abuses • William Larrabee

... dependence, had not yet recovered sufficiently from the effects of his fall to be equal to the same exertion as formerly—of which he was the more impatient that he firmly believed he had been a special object of Satanic assault, because of the present value of his counsels, and the coming weight of his deeds on the side of the well-affected. Thus occupied, the weeks ...
— St. George and St. Michael • George MacDonald

... usually the case, they are paid off by the Land Commission. Capital sums are paid in full; jointures and other life charges are valued according to the usual tables. Drainage and other temporary charges are estimated at their present value, permanent rent-charges are valued by agreement, or in case of disagreement, by the Land Commission; a certain minimum number of years' purchase being assigned by the Bill to any permanent rent-charge which amounts only to one-fifth ...
— Handbook of Home Rule (1887) • W. E. Gladstone et al.

... his favor, Henry now charged the whole body of the English Church with being guilty of the same crime of which Wolsey had been accused (S346). The clergy, in their terror, made haste to buy a pardon at a cost reckoned at nearly $5,000,000 at the present value of money. ...
— The Leading Facts of English History • D.H. Montgomery

... taking his own life, may have buoyed him up when he yielded to their wishes and made the formal surrender. The hope, if it existed, was immediately dispelled. Adherbal was put to death with cruel tortures.[918] The Italians then had their proof of the present value of the majesty of the name of Rome. Their calculations had been vitiated by one fatal blunder. They forgot that they were letting into their stronghold an exasperated people drawn from the rudest parts of Numidia—a people to whom the name of Rome ...
— A History of Rome, Vol 1 - During the late Republic and early Principate • A H.J. Greenidge

... his friend, 'that you will not be able after death to act as your own treasurer, for whenever that event occurs, all your works will rise to treble their present value.' ...
— Chambers's Edinburgh Journal, No. 420, New Series, Jan. 17, 1852 • Various

... if lying upon the docks of New York, would have yielded enough to make every one of us upon the train comfortable for life. But a few months after the blockade was raised, and they sank to one-thirtieth of their present value. ...
— Andersonville, complete • John McElroy

... returns its veto. The policy of King Cotton forces them to turn from the daylight of free labor now breaking in Texas. On the other hand, it is not credible that all the land adapted to the growth of the cotton-plant is confined to America; and, at the present value of the commodity, the land adapted to its growth would be sought out and used, though buried now in the jungles of India, the wellnigh impenetrable wildernesses of Africa, the table-lands of South America, or the islands of the Pacific. Already the organized energy of England ...
— Atlantic Monthly, Volume 7, Issue 42, April, 1861 • Various

... his successor—Obligations of the treaty of 1801, by which Oude was divided into two equal shares—One transferred to the British Government, one reserved by Oude—Estimated value of each at the time of treaty—Present value of each—The sovereign often warned that unless he governs as he ought, the British Government cannot support him, but must interpose and take the administration upon itself—All such warnings have been utterly disregarded—No security to life ...
— A Journey through the Kingdom of Oude, Volumes I & II • William Sleeman

... be adduced to show that to get the present value of the sums allowed in 1588 we ought to multiply them by six[69] The sum allowed for each man's daily food and the 'establishment charges'—increased as they had been in 1586—did little more than cover ...
— Sea-Power and Other Studies • Admiral Sir Cyprian Bridge

... becomes a law, must at the very threshold arrest the resumption of specie payments, for, were the holders of United States notes suddenly willing to exchange them for much less than their present value, payment even in silver is to be postponed indefinitely. For years United States notes have been slowly climbing upward, but now they are to have a sudden plunge downward, and in every incompleted contract, great and small, the robbery of Peter to pay Paul is to be fore-ordained. The whole measure ...
— American Eloquence, Volume IV. (of 4) - Studies In American Political History (1897) • Various

... leaves this money in forest land for 50 years without return, for every dollar so tied up he must get $18.42 at the end of that period if he is to make 6 per cent on the investment. And this applies not only to the present value of the land, but also to any added expense he incurs in modifying his cutting methods, or in replanting, in order to insure reforestation. If both together amount to $5 an acre, he must net $92.10 at the end of his 50 years in order to ...
— Practical Forestry in the Pacific Northwest • Edward Tyson Allen

... for twenty-five years of this reign, is still preserved in the archives of St. Paul's. It is a roll twenty-eight feet long. The value of the whole property was nearly L3,000, and this sum (says Milman) must be multiplied by about fifteen to bring it to its present value. ...
— Old and New London - Volume I • Walter Thornbury

... great cities is true, in lesser degree, of all cities and towns and villages that have grown in population. The total increase in land values in America since the days of the pioneers equals, of course, the present value of its land, since it was acquired by our forefathers without payment, or with only a nominal fee to the Indians. Almost all of this enormous increase in wealth has gone into the pockets of the fortunate individuals who got possession; very little into the ...
— Problems of Conduct • Durant Drake

... fertilizer from herring at a higher rate than similar processing of other fish or fish offal;[237] an excess profits tax which defined "invested capital" with reference to the original cost of the property rather than to its present value;[238] and an undistributed profits tax in the computation of which special credits were allowed to certain taxpayers;[239] an estate tax upon the estate of a deceased spouse in respect of the moiety of the surviving spouse where the effect of the dissolution of the ...
— The Constitution of the United States of America: Analysis and Interpretation • Edward Corwin



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