Financial

Approximate

Also found in: Dictionary, Medical, Encyclopedia, Wikipedia.
(redirected from approximation)

Approximate

Describing a measure coming close to but not necessarily reaching the exact value. Approximate measures can be inaccurate but are often necessary when more precise information is unavailable.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
Mentioned in
References in periodicals archive
Now, the numeration system of approximation of solution is investigated using manifold under proper parameter by parts of solution in lower frequency spaces according to the reduced system of (3).
In this section, we present an approximation method, based on the expansion of a solution of a differential equation in a series in a small parameter.
where [DELTA][W.sup.(j).sub.k] = [W.sub.k]((j + 1)h) - [W.sub.k](jh) and our numerical approximation to X(jh) will be denoted [x.sup.(j)].
In Section 4, we obtain weighted approximation theorem, establish local approximation theorems, estimate the rate of convergence, give a convergence theorem for the Lipschitz continuous functions, and also obtain a Voronovskaja-type asymptotic formula.
As we know from the trigonometric Fourier approximation, the strong convergence of the Fourier partial sums is not guaranteed for all f [member of] X.
Precision Analysis of Different Approximating Methods In the inverse square root approximation, errors ([E.sub.total]) can be caused by the approximated methods and the truncation processes in hardware implementation.
4, we similarly plot the relative error in the second-order approximation for ice.
If a regular expansion can be constructed in [[OMEGA].sub.1], one can write down the approximation as
In this section we obtain an approximation formula to plain vanilla call price by approximating terms (I)-(IV).
Copyright © 2003-2025 Farlex, Inc Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.