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COMPLETE MARKET

Statistics Directorate    
Definition:
A financial market place is said to be complete when a market exists with an equilibrium price for every asset in every possible state of the world.

Source Publication:
IMF, 2003, External Debt Statistics: Guide for Compilers and Users – Appendix III, Glossary, IMF, Washington DC.

Hyperlink:
http://www.imf.org/external/pubs/ft/eds/Eng/Guide/index.htm

Statistical Theme: Financial statistics

Created on Wednesday, August 27, 2003