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.
The requirements imposed by the IMF and World Bank on borrowing countries to qualify for a loan, typically including a long list of budgetary and policy changes comprising a structural adjustment program.
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.
Conditional insuranceConditional 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.
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.
Further SuggestionsConditional sales contracts
Conditional Sales Contract
CC and Rs (Covenants, Conditions and Restrictions)
Report of Condition and Income
Technical condition of a market
Conditional call options