Model

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Revision as of 18:16, 19 March 2023 by imported>Doug Williamson (Add link.)
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1. Spreadsheets - financial models.

A representation of a real situation using a selected set of simplifying assumptions and relationships.


In finance, financial models are widely used as tools for valuation and to support financial decisions.

An important benefit of well-structured financial models is to facilitate sensitivity analysis and stress testing.


2. Best practice - good practice.

Something designed or selected as a good example to be followed.

For example, the OECD model tax convention.


See also