1 Water was another commodity enthusiastically offered to the parade-watchers. 2  Definitely. 3  The Cannery Row project will make you a hot commodity around here. 4  Information was obviously a free commodity in this area.
present-day-belonging to the present time; contemporary leaders. contemporary. current-occurring in or belonging to the present time; current events; the current topic; current negotiations; current psychoanalytic theories; the ship's current position.
Present Value. The worth of a future amount of money at specific point in time. If one expects an investment to result in a cash flow at a certain time in the future, calculating the cash flow's present value will help the investor decide whether the investment results in a real profit.