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

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.


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 Contract

Conditional 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.


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.


Further Suggestions

Conditionality
bargain conditions apply
Conditional sales contracts
Condition of the sale
Statement of condition
Marshall-Lerner condition
Report of Condition and Income


 
All rights Reserved. Do not copy without permission.