mid present value

09:25 Feb 25, 2010
This question was closed without grading. Reason: Other

English language (monolingual) [PRO]
Bus/Financial - Investment / Securities
English term or phrase: mid present value
The analysis of fixed Income products has been decomposed in options, swaps, bonds and forex options. For each product the mid present value has been analysed first and reserves have been estimated. Valuation adjustments for fixed income products are due to marking differences and model differences.

I am not sure of the meaning of this term. Thanks in advance
Stéphanie Soudais
France
Local time: 06:20


SUMMARY OF ALL EXPLANATIONS PROVIDED
4Mid-Period Present Value Factor
Ildiko Santana
3valeur moyenne actuelle
Herbie
3mid present value
Yasutomo Kanazawa


Discussion entries: 1





  

Answers


22 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
valeur moyenne actuelle


Explanation:
Une suggestion
Expression habituelle en astronomie / physique, mais aussi dans: www.pme-prf.gc.ca/eic/site/sme_fdi-prf.../01172.html

Herbie
Germany
Local time: 06:20
Works in field
Native speaker of: German
Login to enter a peer comment (or grade)
The asker has declined this answer

18 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
mid present value


Explanation:
mid here means middle, as in mid-June. Present value is the value on a given date of a future payment or series of future payments, discounted to reflect the time value of money and other factors such as investment risk.

So, for each product, say, 1 year staring from January and ending in December, the mid present value would be the value for each product at the point of around the end of June or beginning of July.

http://en.wikipedia.org/wiki/Present_value
http://www.thefreedictionary.com/mid

Yasutomo Kanazawa
Japan
Local time: 14:20
Native speaker of: Native in JapaneseJapanese
PRO pts in category: 6
Login to enter a peer comment (or grade)
The asker has declined this answer

14 days   confidence: Answerer confidence 4/5Answerer confidence 4/5
Mid-Period Present Value Factor


Explanation:
I believe this is the short version of 'Mid-Period Present Value Factor. Present value factors used are for mid-period (i.e. the mid-point of a cycle) to average the flow of money over a year.
E.g.
"The annual net cash flow discounted at 10% using mid-year discounting is $2,859,298 Table A Case 4). This value is two-tenths of 1% different than that obtained using the monthly calculation with effective monthly interest rate. The annual net cash flow discounted at 10% using end-year discounting is $2,679,697 (Table A Case 5). The 6% difference in net present value is due solely to the discount point assumption."

There is a fairly detailed article (prepared for attorneys and judges) at the first link below, which might help you decide if this answers your questions; "The Income Valuation Approach."

The second link takes you to a much more complex circular from the White House, "Guidelines and Discount Rates for Benefit-Cost Analysis of Federal Programs." Sample paragraph:
"The present values of costs and benefits computed from the table above can be converted to a mid-year discounting basis by multiplying them by 1.0344 (the square root of 1.07). Thus, if the above example were converted to a mid-year basis, the present value of costs would be $110.06, the present value of benefits would be $147.31, and the net present value would be $37.25."

I hope this helps.


    Reference: http://www.businessvalue.com/page4/assets/Income%20Approach....
    Reference: http://www.whitehouse.gov/omb/rewrite/circulars/a094/a094.ht...
Ildiko Santana
United States
Local time: 22:20
Works in field
Native speaker of: Native in HungarianHungarian, Native in EnglishEnglish
Login to enter a peer comment (or grade)



Login or register (free and only takes a few minutes) to participate in this question.

You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy.

KudoZ™ translation help

The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.


See also:
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search