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Meaning of time preference | Babel Free

Noun CEFR B2

Definitions

A measure of the preference a consumer has for immediate enjoyment rather than enjoyment at a future time.

countable, uncountable

CEFR level

B2

Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.

See also

time premium time pressure time projection chamber time quantum time rate time recorder