SYNTHETIC UNDERLYING
A position created when long and short options are combined on the same security. Refer to synthetic long and short positions.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
A position created when long and short options are combined on the same security. Refer to synthetic long and short positions.
A derivative effected by the temperature index.Payment is made based on temperature movement. It is traded on a seasonal basis. Refer to temperature linked bond.
Additional capital acquired by a bank. Refer to economic capital and tier 1 capital.
When company control is gained through ownership. It is common for family owned businesses. Refer to legal mechanism, majority, management, minority, and voting trust control.
A bad business move deal that once looked promising.
The net amount earned from underwriting activities.
An indirect tax placed on goods and services paid by producers and consumers. This tax is added at each manufacturing stage adding value. Refer to ad valorem.
Cash held for the purpose of overtaking another company. Or funds held to prevent hostile takeover.
The promise to perform agreed to financial obligations. If the party feels mistreated they may choose not to. Refer to ability to perform.
An investment strategy that tries to predict the future perfromance of an asset with minimum error. This is also called an active investment strategy or an index fund.
When a reinsurer is liable to any claims made by the insurer.
An international bank inside a US bank used for offshore business deals.
Miscellaneous credit transactions as original entries that do not fit into other recorded books. Books with used for opening entries, closing entries, transfer entries, adjustment entries, rectification entries, and rare transactions. Also
A separate living / sitting area that is not a separate room is attached to a bedroom in this hotel accommodation.
Small but continual improvements involving everyone from the chief executive to the lowest level workers achieves higher standards in quality enhancement and waste reduction. Mosaki Imai popularized it in his book ‘Kaizen:
Spatial adjusting between certain characters along a text line. Natural shape and slope improve character appearance. Letter combinations like WA and VA look awkward and slow smooth eye flow along a text
Print ad coded in an advertisement address to identify the source of the query or order. The words ‘Dept. DN’, for example, may indicate ad placements in a newspaper named ‘Daily News.’
Electrical power consumption measure of a standard unit equal to 1000 watts in an hour. Equivalent to 860 kilocalories, or 3412 British thermal units (Btu) as a measured consumption rate.
Experience, information, knowledge, learning, and skills of the employees of an organization tallied into expertise, high-capability. Knowledge capital is an essential component of human capital. Knowledge capital builds the longest lasting competitive
Forecasting or analyzing labor performance as computed, estimated, or measured values. Examples of these are assembly time, operations per hour, output per unit of time.