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Deterministic: Difference between revisions
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A value which can be assessed without any hand-waving appeals to the referee, common-sense, crying out loud, or five leading dealers in the market for the relevant financial instrument. | A value which can be assessed without any hand-waving appeals to the referee, common-sense, crying out loud, or five leading dealers in the market for the relevant financial instrument. | ||
An | An a solution that any old chump, given instructions in sensible English, could arrive at without the need for another fellow’s opinion. | ||
Now you might think the [[Negotiation|negotiation]] of [[Master agreements|standard form trading agreements]] is the sort of thing that one might, by now, have reduced to a set of simple [[deterministic]] rules that even a pocket calculator could follow, but you would be wrong. Just try following the definition of {{csaprov|Valuation Date}} in a {{csaprov|CSA}} if you don’t believe me. | |||
{{seealso}} | |||
*[[Algorithm]] | |||
*[[AI]] | |||
{{isia}} | {{isia}} | ||