diffusion process


Diffusion process

A conception of the way a stock's price changes that assumes that the price takes on all intermediate values.

diffusion process

the spread of a NEW PRODUCT (or process) through society. Initially, new products tend to be purchased by a small number of pioneering or innovator customers (see PRODUCT LIFE CYCLE) and then by early adopters who begin to purchase the product soon after it has been introduced. In due course the product may become a mass market item with a widespread demand.