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    Ashton05's Avatar
    Ashton05 Posts: 1, Reputation: 1
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    #1

    Sep 2, 2008, 04:50 PM
    Patents - Intangibles
    What is the meaning of "discounted value of expected net receipts"
    AdamUTsel's Avatar
    AdamUTsel Posts: 100, Reputation: 2
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    #2

    Sep 3, 2008, 11:32 AM
    Discounted future cash flows - Financial tool used to value a project, company, or asset using the concepts of the time value of money. All future cash flows are estimated and discounted to give them a present value. The discount rate used is generally the appropriate cost of capital, and may incorporate judgments of the uncertainty (riskiness) of the future cash flows.
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