time preference

noun

A measure of the preference a consumer has for immediate enjoyment rather than enjoyment at a future time.

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Meanings

nountime preference (countable and uncountable, plural time preferences)

plural time preferences

  1. countableuncountableeconomicsA measure of the preference a consumer has for immediate enjoyment rather than enjoyment at a future time.
Cite this entry
APA

time preference. (n.d.). In WatkinsX Dictionary. Retrieved November 3, 2026, from https://dictionary.watkinsx.com/word/time%20preference

MLA

“time preference.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/time%20preference. Accessed November 3, 2026.

Chicago

WatkinsX Dictionary, s.v. “time preference,” accessed November 3, 2026, https://dictionary.watkinsx.com/word/time%20preference.

Source: time preference on Wiktionary, CC BY-SA 4.0.