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Meaning of time-preference theory of interest | Babel Free

Noun CEFR C2

Definitions

A theory stating that interest arises when present goods are exchanged for future goods because people prefer present goods over future ones.

CEFR level

C2
Mastery
This word is part of the CEFR C2 vocabulary — mastery level.
See all C2 English words →

See also

time-server time-serving time-share Time-shared time-sharer Time-sharing

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