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terminal wealth

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  • Merton's portfolio problem — is a well known problem in continuous time finance. An investor with a finite lifetime must choose how much to consume and must allocate his wealth between stocks and a risk free asset so as to maximize expected lifetime utility. The problem was… …   Wikipedia

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  • Brazil — Brazilian /breuh zil yeuhn/, adj., n. /breuh zil /, n. a republic in South America. 164,511,366; 3,286,170 sq. mi. (8,511,180 sq. km). Cap.: Brasília. Portuguese and Spanish, Brasil. Official name, Federative Republic of Brazil. * * * Brazil… …   Universalium

  • The Young and the Restless minor characters — The following are characters from the American soap opera The Young and the Restless who are notable for their actions or relationships, but who do not warrant their own articles. Contents 1 Current Characters 1.1 Genevieve …   Wikipedia

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