HomeDefinitionsCompareDebt Monte Carlo simulationThe financial definition for Monte Carlo simulation:An analytical technique for solving a problem by performing a large number of trail runs, called simulations, and inferring a solution from the collective results of the trial runs. Method for calculating the probability distribution of possible outcomes. Similar MatchesSimulationSimulationThe use of a mathematical model to imitate a situation many times in order to estimate the likelihood of various possible outcomes. See: Monte Carlo simulation. Click to compare definitions of Monte Carlo simulation Click to view definitions beginning mo |