What does frictionless market mean?
Definitions for frictionless market
fric·tion·less mar·ket
This dictionary definitions page includes all the possible meanings, example usage and translations of the word frictionless market.
Wikipedia
Frictionless market
In economic theory a frictionless market is a financial market without transaction costs. Friction is a type of market incompleteness. Every complete market is frictionless, but the converse does not hold. In a frictionless market the solvency cone is the halfspace normal to the unique price vector. The Black-Scholes model assumes a frictionless market.
Numerology
Chaldean Numerology
The numerical value of frictionless market in Chaldean Numerology is: 9
Pythagorean Numerology
The numerical value of frictionless market in Pythagorean Numerology is: 1
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"frictionless market." Definitions.net. STANDS4 LLC, 2024. Web. 29 Apr. 2024. <https://www.definitions.net/definition/frictionless+market>.
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