What is the meaning of Stochastic models?

Liability-matching models that assume that the liability payments and the asset cash flows are uncertain. Related: Deterministic models.

Barry Goldsmith
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APABarry Goldsmith. (2010). stochastic models. Retrieved September 21, 2026, from http://smartdefine.org/stochastic_models/definitions/1164219
ChicagoBarry Goldsmith. 2010. "stochastic models" http://smartdefine.org/stochastic_models/definitions/1164219 (accessed September 21, 2026).
HarvardBarry Goldsmith 2010, stochastic models, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/stochastic_models/definitions/1164219>.
MLABarry Goldsmith. "stochastic models" 21 October 2010. Web. 21 September 2026. <http://smartdefine.org/stochastic_models/definitions/1164219>