Discrete time


 

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Discrete time

The division of time into indivisible units. In economic models, these units represent periods, such as days, quarters, or years.



Similar Matches

Discrete random variable

Discrete random variable

A random variable that can take only a certain specified set of individual possible values-for example, the positive integers 1, 2, 3, . . .


Discrete variable

Discrete variable

Variable like 1, 2, 3. Bond ratings are examples of discrete classifications.


Discrete compounding

Discrete compounding

Compounding the time value of money for separate time intervals.




 
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