Discounting

From Glossary for Health Technology Lifecycle by EuroScan
Revision as of 13:58, 8 November 2023 by Editor iHTS (talk | contribs) (Created page with "A mathematical process used to bring future costs and benefits to their present value. '''Note:''' These adjustments imply that future costs and benefits have less value than the same costs and benefits in the present. [http://htaglossary.net/discounting]")

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A mathematical process used to bring future costs and benefits to their present value.

Note: These adjustments imply that future costs and benefits have less value than the same costs and benefits in the present.

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