Category:Presentoir

Pres`en*toir", n. Etym: [formed after analogy of french.]

Defn: an ornamental tray, dish, or the like, used as a salver.

Present value; present worth Pres"ent value or worth (of money payable at a future date).

Defn: 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.