Applies to derivative products. Portion of an option price that is in excess of the intrinsic value , due to the amount of volatility in the stock; sometime referred to as premium . Time value is positively related to the length of time remaining till expiration?
TIME VALUE
Meaning of TIME VALUE in English
Campbell R. Harvey. Hypertextual finance English glossary. Английский словарь гипертекстовых финансов. 2012