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The concept of the stochastic discount factor (SDF) is used in financial economics and mathematical finance.The name derives from the price of an asset being computable by "discounting" the future cash flow ~ by the stochastic factor ~, and then taking the expectation. [1]
In finance, discounting is a mechanism in which a debtor obtains the right to delay payments to a creditor, for a defined period of time, in exchange for a charge or fee. [1]
Social discount rate (SDR) is the discount rate used in computing the value of funds spent on social projects. Discount rates are used to put a present value on costs and benefits that will occur at a later date.
The World Geodetic System (WGS) is a standard used in cartography, geodesy, and satellite navigation including GPS.The current version, WGS 84, defines an Earth-centered, Earth-fixed coordinate system and a geodetic datum, and also describes the associated Earth Gravitational Model (EGM) and World Magnetic Model (WMM).
The annual effective discount rate expresses the amount of interest paid or earned as a percentage of the balance at the end of the annual period. It is related to but slightly smaller than the effective rate of interest, which expresses the amount of interest as a percentage of the balance at the start of the period.
The Andaman Sea (historically also known as the Burma Sea) [4] is a marginal sea of the northeastern Indian Ocean bounded by the coastlines of Myanmar and Thailand along the Gulf of Martaban and the west side of the Malay Peninsula, and separated from the Bay of Bengal to its west by the Andaman Islands and the Nicobar Islands.
The Halmahera Sea is a regional sea located in the central eastern part of the Australasian Mediterranean Sea.It is centered at about 1°S and 129°E and is bordered by the Pacific Ocean to the north, Halmahera to the west, Waigeo and West Papua to the east, and the Seram Sea to the south.
Ambalat is a sea block in the Celebes sea located off the east coast of Borneo.It lies to the south-east of the Malaysian state of Sabah and to the east of the Indonesian province of North Kalimantan, and it is the subject of a territorial dispute between the two nations.