Definitions for lower bound
lower bound

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1. lower boundnoun

   (mathematics) a number equal to or less than any other number in a given set

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1. lower bound

   In mathematics, a lower bound is defined as a number that is less than or equal to all numbers in a particular set. In simpler terms, it's the smallest number possible within a given set. More specifically, it may refer to a "greatest lower bound" (also called an infimum), which is the largest number that is still considered a lower bound of the specific set. This concept is used in various areas of mathematics including calculus, set theory, and analysis.

Matched Categories

1. • Boundary
   • Math

How to pronounce lower bound?

1. Alex

   US English

   David

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   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

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   Indian

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   Neerja

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   South African

How to say lower bound in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of lower bound in Chaldean Numerology is: 2

2. Pythagorean Numerology

   The numerical value of lower bound in Pythagorean Numerology is: 3

Examples of lower bound in a Sentence

1. Lael Brainard:

   The lessons from the crisis would argue for an approach that commits to maintain policy at the lower bound until full employment and target inflation are achieved, this forward guidance could be reinforced by interest rate caps on short-term Treasury securities over the same horizon.

2. Cleveland Fed President Loretta Mester:

   While explicit forward guidance was used as a policy tool during the recession and earlier in the recovery, in more normal times, away from the zero lower bound, I believe forward guidance should be viewed more as a communications device, as such, I would like to see the forward guidance evolve over time to give more information about the conditions we systematically assess in calibrating the stance of policy to the economy's actual progress and anticipated progress toward our dual-mandate goals.

3. Minneapolis Fed President Narayana Kocherlakota:

   Given these costs, I anticipate that monetary policy will be insufficiently accommodative during periods at the nominal interest rate lower bound, which will lead the economy to undershoot the (Fed)’s inflation and employment objectives, fiscal policymakers can mitigate this risk by choosing to maintain higher levels of public debt than markets currently anticipate.

4. Adrian Raftery:

   This addresses a somewhat different question, namely how much warming should we expect if fossil fuel emissions were to suddenly cease, in contrast, our study tries to assess how much warming we should expect given realistic future trajectories of emissions. Thus the other study provides a lower bound on expected emissions and warming, and this is indeed lower than the likely range we find, as we would expect.

5. William Dudley:

   I believe that the risks of lifting the federal funds rate off of the zero lower bound a bit early are higher than the risks of lifting off a bit late, this argues for a more inertial approach to policy.

References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=lower bound
2. ^ ChatGPT
   https://chat.openai.com