Terminal Value

In quantitative finance, the terminal value of a financial asset is the present value of its income at a future point in time (called the horizon) of all future cash flows can be estimated.

See also present value.

References

1. Grinold, Richard C., and Ronald N. Kahn. Active portfolio management: Quantitative theory and applications. Probus, 1995.
2. Wilmott, Paul. Paul Wilmott introduces quantitative finance. John Wiley & Sons, 2007.