Systems theory

Definition:

A method of describing a complex structure introduced by Ludwig von Bertalanffy in the 1940s that relates the interaction of individual components of the structure to the functioning of the structure as a whole.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Double-dip lease

A cross-border lease in which the different rules of the lessor's and lessee's countries let both parties be treated as the owner of the leased equipment for tax purposes.

Subscribe to the Term of the Day via email Get the Term of the Day in your inbox!


Create your free portfolio