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.
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.
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.
Condition of the saleCondition of the sale
This 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.
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.
Further SuggestionsConditional insurance
Statement of condition
Conditional call options
Technical condition of a market
CC and Rs (Covenants, Conditions and Restrictions)
Conditional sales contracts