Simulation

The use of a mathematical model to imitate a situation many times in order to estimate the likelihood of various possible outcomes.

Similar financial terms

Monte Carlo simulation
An analytical technique for solving a problem by performing a large number of trail runs, called simulations, and inferring a solution from the collective results of the trial runs. Method for calculating the probability distribution of possible outcomes.

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CLM

A "career limiting move" which adversly affects your future.


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