Meaning PERFECTLY COMPETITIVE FINANCIAL MARKETS: Markets in which no trader has the power to change the price of goods or services. Perfect capital markets are characterized by certain conditions: (1) Trading is costless, and access to the financial markets is free; (2)information about borrowing and lending opportunities is freely available; and (3) there are many traders, and no single trader can have a significant impact on market prices
More terms such as Perfectly competitive financial markets in Dictionary P.
- Definition Pure Index Fund:
- Examples A portfolio that is managed so as to perfectly replicate the performance of the market portfolio perfectly competitive financial markets definition.
- Definition Principal Exchange-Rated-Linked Securities (PERLS):
- Examples A debt instrument with its principal and interest denominated in U.S. dollars, but with principal repayment depending on the exchange rate of the U.S. dollar against a foreign currency perfectly competitive financial markets explain.
- Definition Pay-To-Play:
- Examples Attempts by municipal bond underwriting businesses to gain influence with political officials who decide which underwriters are awarded the municipality's business perfectly competitive financial markets what is.
- Definition Purchase Loan:
- Examples A consumer loan taken to finance a purchase perfectly competitive financial markets meaning.
- Definition Pool Factor:
- Examples principal balance divided by the original principal balance with the result expressed as a decimal. Pool factors are published monthly by the Bond Buyer newspaper for Ginnie Mae, Fannie Mae, and perfectly competitive financial markets abbreviation.