Relative Value (economics)
Relative value is the attractiveness measured in terms of risk, liquidity, and return of one instrument relative to another, or for a given instrument, of one maturity relative to another. The term is used in economics, business or investment.
Read more about Relative Value (economics): In Hedge Funds, Prices, Questionable Fluctuations, See Also
Famous quotes containing the word relative:
“Are not all finite beings better pleased with motions relative than absolute?”
—Henry David Thoreau (1817–1862)