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What is the Monte Carlo method? | Monte Carlo Simulation in Finance | Pricing Options

23,434 views

Intro:

Special thanks to The Free Dictionary for providing us with the information used in this web page

Video Vocabulary

/ˈverēəs/

various
adjective determiner pronoun

Several; consisting of different things or types. more than one. more than one.

/əˈfektiNG/

affecting
adjective verb

touching emotions. To cause a change in something else.

/ˈav(ə)rij/

average
adjective noun verb

Typical or normal; usual; ordinary. Total of numbers divided by the number of items. amount to or achieve as average rate or amount over period of time.

/ˈladəs/

lattice
noun

structure consisting of strips of wood or metal.

/sôrs/

sources
noun verb

place, person, or thing from which something comes or can be obtained. obtain from particular source.

/dəˈrivədiv/

derivatives
adjective noun

Not from original ideas; from somewhere else. thing derived from another source.

/ˈfīnans/

finance
adjective noun verb

Concerned with money. Control of money a person, business has access to. provide funding for.

/trəˈdiSH(ə)n(ə)l/

traditional
adjective

existing in or as part of tradition.

/əˈprōCH/

approach
noun verb

way of dealing with situation. To get close to reaching something or somewhere.

/əˈkwāZHən/

equation
noun

Complex set of different facts, ideas or issues.

/kəmˈpyo͞odər/

computer
noun

electronic device for storing and processing data.

/ˈpärSHəl/

partial
adjective noun

Not complete; being only part of something. overtone or harmonic.

/ˌənˈsərtn(t)ē/

uncertainty
noun

state of being uncertain.

/diˈtərminiNG/

determining
adjective verb

causing something to occur or be done in particular way. To establish the facts about; discover.

/kənˈsidərd/

considered
adjective verb

having been thought about carefully. To think carefully about something.

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