present value
Definitions from Case Law · United States Supreme Court
Definitions from Case Law
From 275 U.S. 133 - Gulf, Colorado & Santa Fe Railway Co. v. Moser · 1927Most cited · 26 citing opinions
damages
In computing the damages recoverable for the deprivation of future benefits, the principle of limiting the recovery to compensation requires that adequate allowance be made, according to circumstances, for the earning power of money; in short, that when future payments or other pecuniary benefits are to be anticipated, the verdict should be made up on the basis of their present value only.
How often courts cite the case defining “present value”
Court decisions citing the opinion that defined “present value” — 110 in all, by decade. Counts are citations to the defining case as a whole, not verified uses of the term. The dip in the most recent years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the latest years.