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First order condition |
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First order conditionOne of the mathematical necessary conditions for maximization, used routinely in solving economic models. Typically, it consists of setting equal to zero the derivative of the function being maximized (or its Lagrangian) with respect to a variable that can be controlled.Similar MatchesBargain conditions applyBargain conditions applyA term used by the London Stock Exchange to denote that certain conditions were agreed between the two participants at the time of trading. Conditional insuranceConditional insuranceThe borrower must sign up to one or more insurance policy with the lender in order to take out a specific mortgage. Check that the insurance premiums are competitive. Statement of conditionStatement of conditionA document describing the status of assets, liabilities, and equity of a person or business at a particular time. Report of Condition and IncomeReport of Condition and IncomeFinancial report that all banks, bank holding companies, savings, and loan associations, Edge Act and agreement corporations, and certain other types of organizations must file with a federal regulatory agency. Informally termed a call report. ConditionalityConditionalityThe requirements imposed by the IMF and World Bank on borrowing countries to qualify for a loan, typically including a long list of budgetary and policy changes comprising a structural adjustment program. Further SuggestionsCC and Rs (Covenants, Conditions and Restrictions)Technical condition of a market Marshall-Lerner condition Condition of the sale Conditional call options Conditional sales contracts Conditional Sales Contract |
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