VARIABLE


Meaning of VARIABLE in English

Refers to the series used in a model. For example, in the model RS&Pt11 = a + b Tbillt + et, where RS&Pt11 is the return on the S&P in month t11 and Tbill is the Tbill return at month t, both RS&P and Tbill are 'variables' because they change through time, i.e. they are not constant.

Campbell R. Harvey. Hypertextual finance English glossary.      Английский словарь гипертекстовых финансов.