See how we rate investing products to write unbiased product reviews. The time value of money (TVM) is the concept that a dollar today is worth more than a dollar tomorrow. Understanding TVM ...

The time value of money, or TVM, is a fundamental concept that affects your financial planning and investment success. Whether you’re considering borrowing, saving, or investing, understanding ...

Shauna Croome was one of the earliest financial content contributors when Investopedia opened in 2002. She was fundamental in growing the site to become the leader in financial literacy.

In short, money can be anything that can serve as a • store of value, which means people can save it and use it later—smoothing their purchases over time; • unit of account, that is, provide a common ...