Category: G

A lognormal, continuoustime STOCHASTIC PROCESS where the movement of a variable, such as a financial ASSET price, is random in continuous time; the instantaneous return (defined as the change in the price

One billion bytes. Exponential: 2^30; As a number:1,073,741,824.

The next stage or level of advancement barred by some invisible barrier. Although illegal, such practices exist in most countries. Age, ethnicity, political or religious affiliation, and/or sex are typical barriers. A

To reach international markets and their community, an entity engages a process of conceptualizing and conveying a final product or service worldwide. It is especially important to companies that provide products or

Electronic trading platform for futures and option contracts that is the Chicago Mercantile Exchange. It is a virtually continuous worldwide market. It opens for trading Sunday evening, staying open roughly 23 hours

Just before an order hits the exchange floor, stock placement is expected as well as a trader’s position ability to handle it.

A severance or an incentive to leave the firm with no fuss or controversy. Generous bonus offered to a director, employee, or partner at termination. Also refer to golden boot.

Record at the point of receipt of goods received. Often compared to a purchase order before issuing payment, this record confirms receipt of all goods.

Slope angle, be it an incline or a decline. Three typical ways to measure it: (1) The difference between the ground or horizontal, the ‘grade line’ and the incline or decline stated

Conveys the perception of great or greater detail. Typically used when discussing a model or decision making process. More granularity means greater detail. An example is the level of detail, or granularity,

RISK measures for DERIVATIVES that are used to determine the price sensitivity of contracts to changes in the UNDERLYING ASSET (DELTA, GAMMA), VOLATILITY (VEGA), passage of time (THETA), and INTEREST RATES (RHO).

Asset’s original, historical purchase price, depreciation deductions excluded.

National GDP plus overseas income from in-country companies’ foreign subsidiaries as well as nationals living out of the country.

The term for gross income in the securities industry. The difference of investor’s purchase cost and issuer’s sale . Underwriter’s fee, issue manager’s fee, and security selling firm discount are all items

Lists group benefits given to each group plan policyholder. Typically, this is a certificate .

The third state in a life cycle when revenue raises fast and profits peak. The decline begins after this.

Guidelines written to give broad advise on procedure instead of precise requirements and standards.

Canada, France, Germany, Italy, Japan, Russia, the United Kingdom, and the United States G8 summit representatives in the annual meeting.

Money gained by wagering. Legal gambling operations such as slot machines, horse races or lottery allows a person to submit a tax filing declaration of gambling income.

Legal action requiring a company to record an involved employee’s wages even if the employee received no wages.