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bpdulog Wrote:
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> Can't get any nitpickier than this:
>
> I mean that the current marked-to-market value of
> the pension assets is less than the current
> marked-to-market value of the pension
> liabilities.
> (Level III Volume 2 Behavioral Finance, Individual
> Investors, and Institutional Investors , 4th
> Edition. Pearson Learning Solutions 470).
>
>
> There's no official definition, but that is how
> Mr. Merton describes it.

bpdulog, thanks. Curious, how can you do search so quickly?
I dont know how to search in VBK effectively....

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