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In economic theory a frictionless market is a financial market without transaction costs. Friction is a type of market incompleteness. Every complete market is frictionless, but the converse does not hold. In a frictionless market the solvency cone is the halfspace normal to the unique price vector. The Black-Scholes model assumes a frictionless market.

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We couldn't find any anagrams for the word frictionless market.

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frictionable, frictional, frictionally, frictionize, frictionless, frictionlessly, frictionproof, friday, fridila, fridstool

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