transversality condition
transversality condition noun: a terminal condition on a costate variable in a, usually infinite, time optimization problem.
Noun
transversality condition (plural transversality conditions)
- A terminal condition on a costate variable in a, usually infinite, time optimization problem.
Forms of transversality condition
| plural | transversality conditions |
|---|
Origin of transversality condition
To quote from Optimization in economics and finance : This terminal condition on λ(T) has often been called a transversality condition, for historical reasons deriving from time-optimal problems, where the (variable) time T to reach a target is minimized. In that situation, the transversality condition appears as a description of how the optimal path crosses a terminal line (graphing state against T).
Questions about transversality condition
- What does transversality condition mean?
- Transversality condition means a terminal condition on a costate variable in a, usually infinite, time optimization problem.
- What part of speech is transversality condition?
- Transversality condition is a noun.
- What is the plural of transversality condition?
- The plural of transversality condition is transversality conditions.
Words near transversality condition in the dictionary
Source and license
Adapted from Wiktionary: transversality condition (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
Last updated:
Cite this entry: “transversality condition.” Word.ws, https://word.ws/transversality_condition. Based on Wiktionary, CC BY-SA 4.0.
