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Page "Arbitrage" ¶ 30
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When and transaction
When used by academics, an arbitrage is a transaction that involves no negative cash flow at any probabilistic or temporal state and a positive cash flow in at least one state ; in simple terms, it is the possibility of a risk-free profit at zero cost.
When the bid matches the offer, a transaction can easily occur ( even instantenously, as in a typical stock market ).
When transaction costs are low and parties involved are perfectly informed, a mutually beneficial agreement will occur: whoever values the property the highest will end up with it.
When transaction costs are low, the Coase theorem says that the political marketplace ( the decisions of the legislatures ) will allocate resources to the highest valued point ( Coase 1960 ).
When access is granted, the door is unlocked for a predetermined time and the transaction is recorded.
When such an individual trades on the capital markets, it will often involve a two stage transaction.
When an authorization request is made to verify the legitimacy of a transaction, a token might be returned to the merchant instead of the card number, along with the authorization code for the transaction.
When rationally evaluating a potential transaction, it is important to consider transaction costs that might prove significant.
When the external transaction costs are higher than the internal transaction costs, the company will grow.
When a transaction takes place, it typically involves both private costs and external costs.
When purchasing taboo goods and services, anonymity makes many potential consumers more comfortable with or more willing to engage in the transaction.
When understanding grows in line with age, the law switches from excuse to exculpation, and transactions may be voidable, i. e. the courts will judge, whether in the particular circumstances, it would be right to favor the interests of the child or the interests of the other party or parties involved in the transaction.
When a database object with an existing lock acquired by one transaction needs to be accessed by another transaction, the existing lock for the object and the type of the intended access are checked by the system.
When the business transaction was finalized through a court probate proceeding in 1932 as prescribed by Czechoslovakian law, Jan Antonin became the legitimate owner of the Bata family business.
When the transaction was completed in April 2001, United were forced to pay PSV an additional £ 500, 000 for the player's services due to the change in exchange rates between Euro and Sterling.
When this is not the case, Coasian solutions predictably yield highly inefficient results due to perverse incentives — not " mere " transaction costs.
When CICS was first released, it only supported application transaction programs written in IBM 360 Assembler.
When a seller chooses to work with a transaction broker, there is no agency relationship created.
When news of the proposed transaction was leaked to the radio, Cardinals ' owner August Busch stopped the deal.
When he also tried to trade the legendary Stan Musial, Cardinals owner Gussie Busch blocked the transaction.

When and involves
When solving an equation that involves division as well as other steps, do all the division steps first to reduce those parts of the equation to their numerical value.
When a country has its own national currency, this involves the issue of some form of standardized currency, which is essentially a form of promissory note: a promise to exchange the note for " money " under certain circumstances.
When this involves having sex with, or performing certain actual sexual acts for another person in exchange for money or something of value, it is called prostitution.
When audience research is conducted for domestic theatrical release, it involves these areas:
When performed ' in token ' this involves the athame ( representing the masculine principle ) descending into the chalice ( representing the feminine ).
When the critical section is longer than a few source code lines or involves lengthy looping, an embedded / real-time algorithm must resort to using mechanisms identical or similar to those available on general-purpose operating systems, such as semaphores and OS-supervised interprocess messaging.
The derivation of de Moivre's formula above involves a complex number to the power n. When the power is not an integer, the result is multiple-valued, for example, when n = ½ then:
When the goal or problem involves making a decision, rationality factors in how much information is available ( e. g. complete or incomplete knowledge ).
When steel or aluminium is used this involves welding of the plates and profiles after rolling, marking, cutting and bending as per the structural design drawings or models, followed by erection and launching.
When worship involves the use of the entire body, and all the senses, the Orthodox believe this becomes very helpful in learning to actively love God with all their " mind, soul, heart and strength " as God commands.
When a route also involves aid climbing, its unique Aid designation can be appended to the YDS free climbing rating.
When the extrapolation involves sexuality or gender, it can force the reader to reconsider his or her heteronormative cultural assumptions ; the freedom to imagine societies different from real-life cultures makes SF an incisive tool to examine sexual bias.
When the labels are continuously distributed ( e. g. in regression analysis ), the denominator involves integration rather than summation:
When a suicidal hanging involves partial suspension, the victim is found to have both feet touching the ground e. g. they are kneeling, crouching or standing.
When all the trucks arrive to the landfills, they first get separated into their proper place ; disposing of waste in a landfill involves burying the waste, and this remains a common practice in most countries.
When it comes to verbal language, making meaningful statements in media languages involves " paradigmatic choices " and " syntagmatic combinations ".
When used in the business sense and applied to the workplace, kaizen refers to activities that continually improve all functions, and involves all employees from the CEO to the assembly line workers.
When export factoring is carried out by members of FCI, the service involves a five or six stage operation.
When appointing a Secretary of State ( top rank in the UK Government ), the protocol also involves the delivery by the Sovereign of the seals of office into the hands of the appointee.
When dealing with arrays, the critical lookup operation typically involves a stage called address calculation which involves constructing a pointer to the desired data element in the array.
When a 1-to-1 ( one mole of reactant gives one mole of product ) chemical reaction ( including equilibria ) involves a pair of substances with an isosbestic point, the absorbance of the reaction mixture at this wavelength remains invariant, regardless of the extent of reaction ( or the position of the chemical equilibrium ).

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