time-preference theory of interest

noun

Definitions

  1. A theory stating that interest arises when present goods are exchanged for future goods…

    A theory stating that interest arises when present goods are exchanged for future goods because people prefer present goods over future ones.

The neighborhood

Vish — recursive loop

No curated loop yet for time-preference theory of interest. Loops are being traced one word at a time while the ingestion pipeline matures.

sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA