Homogeneous Expectations Assumption

Business / Finance / Homogeneous Expectations Assumption: Exhibiting a high degree of homogeneity.

Other Words for Homogeneous

Homogeneous Adjective Synonyms: uniform, consistent, unvarying, identical, constant, similar, comparable, alike, akin

Rational Expectations

Business / Finance / Rational Expectations: The idea that people rationally anticipate the future and respond today to what they see ahead. This concept was pioneered by Nobel Laureate, Robert E. Lucas, Jr. MORE

Pure Expectations Theory

Business / Finance / Pure Expectations Theory: A theory that asserts that forward rates exclusively represent the expected future rates. In other words, the entire term structure reflects the market's expectations of future short-term rates. For e MORE

Local Expectations Theory

Business / Finance / 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

Return-To-Maturity Expectations

Business / Finance / Return-To-Maturity Expectations: A variant of pure expectations theory that suggests that the return an investor will realize by rolling over short-term bonds to some investment horizon will be the same as holding a zero-coupon bond MORE

The Assumption of Mary

Life Style / Holiday / The Assumption of Mary: The custom of celebrating Thanksgiving, an annual celebration held after the harvest began around 1621 when the Pilgrims fulfilled a successful and bountiful harvest in the New World. The first Thanks MORE

Zero Prepayment Assumption

Business / Finance / Zero Prepayment Assumption: Applies mainly to international equities. Japanese securities transactions conducted on the principal of auction, i.e., (1) price priority in which the selling (buying) order with the lowest (highest) MORE