present value

13 LETTERS · STARTS WITH P

present value is a valid 13-letter word worth 17 points in Scrabble and 22 points in Words with Friends.

SCRABBLE WORDS WITH FRIENDS

P3R1E1S1E1N1T1V4A1L1U1E1

3 + 1 + 1 + 1 + 1 + 1 + 1 + 0 + 4 + 1 + 1 + 1 + 1 =17 PTS

DOUBLE WORD → 34TRIPLE WORD → 51

MEANING

What does present value mean?