Learn how to use time value of money (TVM) to compare and evaluate different cash flows in wealth management. This chapter covers the definition, importance, terms, formulas, and examples of TVM concepts and techniques. Discover how the Time Value of Money helps evaluate investments and future cash flows. Learn its definition, formula, and importance in financial planning. Read about the time value of money , including its definition, how it works, and examples. Also, learn about concepts related to it. The time value of money (TVM) is the concept that a sum of money is worth more now than the same sum will be at a future date. Explore more in the blog.