Meaning MONTE CARLO SIMULATION: An analytical technique for solving a problem by performing a large number of trail runs, called simulations, and deducing a solution from the collective results of the trial runs. Method for calculating the probability distribution of possible outcomes
More terms such as Monte Carlo simulation in Dictionary M.
- Definition Moral Hazard:
- Examples The risk that the existence of a contract will change the behavior of one or both parties to the contract, e.g., an insured firm will take fewer fire precautions monte carlo simulation definition.
- Definition Marginal Tax Rate:
- Examples The tax rate that would have to be paid on any additional dollars of taxable income earned monte carlo simulation explain.
- Definition Money Market Hedge:
- Examples The use of borrowing and lending transactions in foreign currencies to lock in the home currency value of a foreign currency transaction monte carlo simulation what is.
- Definition Member Firm:
- Examples equity securities. Brokerage firm that has at least one membership on a major stock exchange even though, by exchange rules, the membership is in the name of an employee and not the firm itself monte carlo simulation meaning.
- Definition Multiple-Issuer Pools:
- Examples Under the GNMA-II program, pools formed through the aggregation of individual issuers' loan packages monte carlo simulation abbreviation.
