
n. anticipated earnings which are discounted (given a lower value) so that they represent a more realistic current value since projected earnings do not always turn out as favorably as expected or hoped.
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http://dictionary.law.com/Default.xhtml?selected=134

(n) Capitalized Vale is the amount arrived based on the net present value of future anticipated or projected earnings of a business, investments, expenditure etc .
Found on
http://www.encyclo.co.uk/local/21213

The current value of an asset, based on the total income expected to be realized over its economic life span. The anticipated earnings are discounted (given a lower value) so they take into account the time value of money.
Found on
http://www.nolo.com/dictionary/capitalized-value-term.html
No exact match found.