First order condition
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.
Marshall-Lerner conditionMarshall-Lerner condition
The condition that sum of the elasticities of demand for exports and imports exceed one (in absolute value); that is, hX + hM > 1, where hX, hM are the demand elasticities for a country's exports and imports respectively, both defined to be positive for downward sloping demands. Under certain assumptions, this is the condition for a depreciation to improve the trade balance, for the exchange market to be stable, and for international barter exchange to be stable.
Conditional sales contractsConditional 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.
Bargain conditions applyBargain conditions apply
A term used by the London Stock Exchange to denote that certain conditions were agreed between the two participants at the time of trading.
Statement of conditionStatement of condition
A document describing the status of assets, liabilities, and equity of a person or business at a particular time.
Technical condition of a marketTechnical 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.
Further SuggestionsCondition of the sale
CC and Rs (Covenants, Conditions and Restrictions)
Report of Condition and Income
Conditional call options
Conditional Sales Contract