See Also: Separation theorem(finance)
Separation theorem(money)
Fisher's separation theorem(finance)
Portfolio separation theorem(money)
Portfolio separation theorem(finance)
Two-fund separation theorem(finance)
Two-fund separation theorem(money)
Tight money or dear money(finance)
separation(dictionary)
Separation(medicine)

Separation theorem (money)


Definition: [crh] Theory that the value of an investment to an individual is not dependent on consumption preferences. That is, investors will want to accept or reject the same Definition: investment projects by using the NPV rule, regardless of personal preference.