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a multivariate distribution with uniform marginal distributions. Copulas are mostly used to represent/model the structure of dependence between random variables, separately from the margin…
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a computer program that will submit orders to the market. It can be user driven or completely automated.
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a payment made by a corporation to its shareholders, usually as a distribution of profits.
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a qualitative evaluation of the credit worthiness of a borrower (consumer, company or government) done by a rating agency, a credit bureau or a bank that consists of an estimate o…