EMV

abbreviation for

expected monetary value: the product of the monetary outcome of a particular decision in a decision tree and the probability of this outcome happening

Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012