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finite difference

   Also found in: Acronyms, Wikipedia 0.02 sec.
finite difference [¦fī‚nīt ′dif·rəns]
(mathematics)
The difference between the values of a function at two discrete points, used to approximate the derivative of the function.


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The put/call provision is modeled as a constraint on the value of the bond in the finite difference scheme.
The presentation will examine general requirements of analytical models, survey of currently available models (rings, membranes, shells and 3-D), numerical simulation techniques (including survey of numerical integration finite difference and finite element techniques, and recent applications to tire simulation), survey of available numerical simulation codes and a dynamic model.
The demonstrated algorithm performs finite difference acoustic modelling for a seismic application.
 
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