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Perfect capital market |
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Perfect capital marketA market in which there are never any arbitrage opportunities.Perfect capital market Similar MatchesExpected value of perfect informationExpected value of perfect informationThe expected value if the future uncertain outcomes could be known minus the expected value with no additional information. Perfect competitionPerfect competitionAn idealized market structure in which there are large numbers of both buyers and sellers, all of them small, so that they act as price takers. Perfect competition also assumes homogeneous products, free entry and exit, and complete information. Most international trade theory prior to the New Trade Theory assumed perfect competition. Capital market imperfectionCapital market imperfectionAnything that interferes with the ability of economic agents to borrow and lend as much as they wish at a fixed rate of interest that truly reflects probability of repayment. A common source of imperfection is asymmetric information. Perfected first lienPerfected first lienA first attachment on an asset that is duly recorded with the relevant government body so that the lender will be able to act on it should the borrower default. Market imperfectionMarket imperfectionAny departure from the ideal benchmark of perfect competition, due to externalities, taxes, market power, etc. Further SuggestionsImperfectly competitivePerfect forecast line Perfect competition Imperfect competition Perfect capital mobility Imperfect market Perfect substitute Perfect hedge Perfectly competitive financial markets Perfectly elastic Perfect market assumptions Perfectly competitive Perfectly mobile capital Perfect foresight Perfect market view (of dividend policy) Perfecting Title |
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