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.
Conditional Sales ContractConditional Sales Contract
A sale in which the title to property or goods remains with the seller until the purchaser has fulfilled the terms of the contract, usually payment in full.
Report of Condition and IncomeReport of Condition and Income
Financial 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.
CC and Rs (Covenants, Conditions and Restrictions)CC and Rs (Covenants, Conditions and Restrictions)
Limitations placed on the use and enjoyment of real property. These are found most often in condominiums and planned unit developments.
Statement of conditionStatement of condition
A document describing the status of assets, liabilities, and equity of a person or business at a particular time.
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.
Further SuggestionsConditional sales contracts
Condition of the sale
bargain conditions apply
Conditional call options
Technical condition of a market