Determinism
Definition
Fully ordained in advance. A deterministic chaos system is one that gives random looking results, even though the results are generated from a system of equations.
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Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University
Term of the Day
Replacement cost insurance
Insurance that pays out the full amount required to replace damaged property with new property, without taking into account the depreciated value of the property.
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