Meaning LOCAL EXPECTATIONS THEORY: A form of the pure expectations theory that suggests that the returns on bonds of different maturities will be the same over a short-term investment horizon
More terms such as Local expectations theory in Dictionary L.
- Definition Listed Stocks:
- Examples Stocks that are traded on an exchange local expectations theory definition.
- Definition Laisse-Faire:
- Examples Doctrine that a government should not interfere with business and economic affairs local expectations theory explain.
- Definition London Metal Exchange (LME):
- Examples A market for trading base metals, where traded options contracts are available against the underlying futures contract local expectations theory what is.
- Definition Lombard Rate:
- Examples international equities. Interest rate the German Bundesbank uses as an upper limit to the day-to-day money rate, since no bank will pay higher rates in the money market than it has to pay for very local expectations theory meaning.
- Definition Liquidity Premium:
- Examples Forward rate minus expected future short-term interest rate local expectations theory abbreviation.
