The change in price compared to the price of the underlying futues asset. A call is between 0 and +1. A put is 0 to 1. It shows how likely an option

The process of reducing or neutralizing the exposure of an OPTION to the direction of the market. Delta HEDGING is accomplished by establishing a DELTAequivalent LONG POSITION or SHORT POSITION in the

A limited edition of a book done on quality products. It has high quality workmanship.

A move down on the demand curve. It concerns oil and energy use with high prices and reduced supply leads to permanent demand reduction.

When it is discouraged to demand a product from a firm that can’t get the quantity needed or they don’t want to supply a region that would have little profit. Higher prices

When a company does paper only transactions and finds the best computer way to handle it. It is common for new businesses that are more profitable than expected. It switches to automated

A chart showing counts of classified nonconformities in a batch.

A good that is not good or damaged. It can be harmful mentally, physically, or morally. Taxes are placed on them to reduce use. Sin tax is the term for that tax.

The quality awar for a Japanese firm or party. It was started in 1951 by W. Edward Deming and is administered by the JUSE. AKA Deming prize.

The scale of quality made by W. Edward Deming. The guideposts are used by Japanese companies. 1 is consistency. 2 is adaptation. 3 is no relying on inspections. 4 is reducing vendors.

When the use of a vessel and expenses go to the lessee. They find crew and master the vessel. AKA bareboat charter.

The boundary between the tenant and the next tenant. AKA demising partition or party wall.

1.a contract for demonstration. 2. the trial version of software that is free without critical parts or only available for a small time. AKA demoware.

A party that supports democracy but is liberal in their governmental ideals. They are usually republican or independent. Or they have their own ideas and don’t fit anyone.

The factors in the market that a demographic has. An organization is affected by this and targets certain groups.

Characteristics assigned to age, sex, education, income, marital status, job, religion, birth rate, death rate, family size, and marriage age. It is done to every member of the population.  TLD Example: Many retailers

When a market is separated based on demographics of the customers. It defines niches that need promotion.

When a country has more older populations in it. Or when there are more people in public need than those that are not. The country must support them and it takes strain

The idea that population changes are connected to economic, educational, and healthcared developments are made. When women are better educated and more independent than the fertility rate will decrase. They have less

Factors that show a target group in a market. Refer to psychographics.