First order condition


 

Home
Site Map
Add Term
Search
About Us
Contributors

First order condition

One 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 Matches

Conditional call options

Conditional call options

A protective guarantee that, in the event a high yield bond is called, the issuing corporation will ../../finance-glossary/ the bond with a noncallable bond of the same life and terms as the bond that is being called.


Conditionality

Conditionality

The 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.


Conditional insurance

Conditional insurance

The 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. 


Technical condition of a market

Technical condition of a market

Demand and supply factors affecting price, in particular, the net position, either net position or net position, of the net position community.


Conditional sales contracts

Conditional sales contracts

Similar to equipment trust certificates, except that the lender is either the equipment manufacturer or a bank or finance company to which the manufacturer has sold the conditional sales contract.


Further Suggestions

Marshall-Lerner condition
CC and Rs (Covenants, Conditions and Restrictions)
Condition of the sale
Conditional Sales Contract
Statement of condition
Report of Condition and Income
bargain conditions apply


 
All rights Reserved. Do not copy without permission.