The financial definition for Perfect capital market:
A market in which there are never any arbitrage opportunities.
Similar Matches
Expected value of perfect information
Expected value of perfect information The expected value if the future uncertain outcomes could be known minus the expected value with no additional information.
Imperfect market
Imperfect market Economic environment in which the costs of labor and other resources used for production encourage firms to use substitute inputs that less costly.
Perfect competition
Perfect competition An idealized market environment in which every market participant is too small to affect the market price by acting on its own.