utålmodighetskostnad

English translation: the cost of impatience

14:12 Jan 20, 2009
Norwegian to English translations [PRO]
Bus/Financial - Economics
Norwegian term or phrase: utålmodighetskostnad
utålmodighetskostnad (tapt rente). Cited along with inflation and uncertainty about the future as a reason for discounting on future (projeted) cash flow.
doatley
Norway
Local time: 11:43
English translation:the cost of impatience
Explanation:
As opposed to value of being patient. See p. 2 in link below or Google.
Selected response from:

EC Translate
Norway
Local time: 11:43
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
3 +3the cost of impatience
EC Translate
Summary of reference entries provided
Opportunity cost
Bjørnar Magnussen

  

Answers


15 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +3
the cost of impatience


Explanation:
As opposed to value of being patient. See p. 2 in link below or Google.


    Reference: http://www.rhsmith.umd.edu/faculty/gphillips/courses/Bmgt640...
EC Translate
Norway
Local time: 11:43
Native speaker of: Native in NorwegianNorwegian
PRO pts in category: 4

Peer comments on this answer (and responses from the answerer)
agree  Charles Ek
43 mins
  -> Takk:o)

agree  lingo_montreal
1 hr
  -> Thank you:o)

agree  Αlban SHPΑTΑ
1 day 1 hr
  -> Thank you:o)
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Reference comments


3 hrs peer agreement (net): +2
Reference: Opportunity cost

Reference information:
I remember from my introduction course to economics that essentially there are three reasons why 100 EUR tomorrow is worth less than 100 EUR today: Inflation, risk and opportunity cost.

It seems that someone here has come up with an alternative term to opportunity cost, however it's not standard terminology.

Money has a Time Value because of RISK, INFLATION, and OPPORTUNITY COST
http://www.extension.agecon.vt.edu/word docs/Time Value of M...

Bjørnar Magnussen
Specializes in field
Native speaker of: Native in NorwegianNorwegian
PRO pts in category: 10

Peer comments on this reference comment (and responses from the reference poster)
agree  Anna Herbst
20 hrs
agree  Steinar Beddari
1 day 4 hrs
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