Usually means: Randomness incorporated in mathematical representations.
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We found 8 dictionaries that define the word stochastic models:

General (1 matching dictionary)
  1. Stochastic Models: Wikipedia, the Free Encyclopedia

Business (7 matching dictionaries)
  1. MoneyGlossary.com (No longer online)
  2. Stochastic models: bizterms.net
  3. Stochastic models: Bloomberg Financial Glossary
  4. Stochastic models: Harvey Financial
  5. Stochastic models: Financial dictionary
  6. Stochastic models, Stochastic Models: WashingtonPost.com: Business

Definitions from Wikipedia (Stochastic Models)

noun:  a peer-reviewed scientific journal that publishes papers on stochastic models.

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