time preference
/ˈtaɪm ˌprefərəns/
the relative valuation placed on receiving good at an earlier date compared with a later date
“High time preference leads to impulsive spending.”
Origin: Economic concept related to patience
/ˈtaɪm ˌprefərəns/
the relative valuation placed on receiving good at an earlier date compared with a later date
“High time preference leads to impulsive spending.”
Origin: Economic concept related to patience