Variable

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Variable

An element in a model. For example, in the model RS&Pt+1 = a + b Tbill t + et, where RS&Pt+1 is the return on the S&P in month t+1 and Tbill is the Tbill return at month t, both RS&P and Tbill are "variables" because they change through time; i.e., they are not constant.

Variable

Anything that does not have a set value. In basic algebra, a variable is often expressed as "x." Variables in economics and finance may be measures such as GDP, prices, or interest rates. Analysts use complicated equations to determine the value of some variables at the present time and even more complicated equations to predict their possible future values. See also: Regression.

variable

Something, such as stock prices, earnings, dividend payments, interest rates, and gross domestic product, that has no fixed quantitative value. See also dependent variable, independent variable.
References in periodicals archive ?
With this wide array of structures on offer and the freedom to choose, business deals were struck among non-Muslims in whatever way was least costly and most secure.
Over the centuries, from Batroun to Tripoli, an array of structures has been erected including castles, hammams, souks, churches, mosques, churches converted into mosques, and churches converted to mosques that were later converted back to churches.
The agreement will provide tailor-made consultancy services relating to structuring requirements, establishing and administering a vast array of structures including trusts, companies and partnerships to hold both financial and non-financial assets.

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