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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. 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. Condition of the saleCondition of the saleThis is a legally binding clause in the contract of the property sale. A buyer may insist upon the removal of the ridiculous garish carpets in a house, as a condition of the sale, or insist that some minor repair work is completex before the transaction is finalised. Statement of conditionStatement of conditionA document describing the status of assets, liabilities, and equity of a person or business at a particular time. Conditional sales contractsConditional sales contractsSimilar 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 SuggestionsConditional Sales ContractConditionality Conditional call options CC and Rs (Covenants, Conditions and Restrictions) Marshall-Lerner condition Technical condition of a market Conditional insurance |
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