PV Meaning and
Definition
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PV is an abbreviation that can have multiple meanings in different contexts. In the field of physics and technology, PV commonly refers to the photovoltaic effect or photovoltaics, which is the process of converting light energy into electrical energy using semiconducting materials. Photovoltaic cells, also known as solar cells, are devices that employ the PV effect to generate electricity when exposed to sunlight. They are widely used in solar panels to harness solar energy for various applications.
Alternatively, PV can refer to the present value, a financial term used in investment analysis and valuation. Present value is the current worth of a sum of money, or a future stream of cash flows, discounted at a specific rate over a given time period. It takes into consideration the time value of money, which suggests that the value of money decreases over time due to factors like inflation and opportunity cost. Present value calculations are utilized in investment decision-making, determining the fair value of assets, and evaluating the profitability or viability of projects.
In another domain, PV can stand for the abbreviation of the Portuguese phrase "Por Vir," meaning "To come" or "Coming." This term is often used in Portuguese to indicate that something is forthcoming or expected to happen in the future.
Common Misspellings for PV
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