PRESENT VALUE; PRESENT WORTH n.
he 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.
PROGRESSIVE PARTY n.
The name Progressive party was chosen at the meeting held on Aug. 7, 1912, when the candidates were nominated and the platform adopted. Among the chief articles in the platform are those demanding direct primaries, preferential primaries for presidential nominations, direct election of United States senators, women's…
PUT v. 2 definitions
vert; -- said of a bird escaping from a hawk. (c) To offer one's self; to stand as a candidate for. Locke. -- To put off, to go away; to depart; esp., to leave land, as a ship; to move from the shore. -- To put on, to hasten motion; to drive vehemently. -- To put over (Naut.), to sail over or across. -- To put to s…
RECENT a.
Of late origin, existence, or occurrence; lately come; not of remote date, antiquated style, or the like; not already known, familiar, worn out, trite, etc.; fresh; novel; new; modern; as, recent news. The ancients were of opinion, that a considerable portion of that country [Egypt] was recent, and formed out of the mu…