DOUBLE ONE-TOUCH OPTION
Exotic option in which the investor will receive the agreed upon payout if the underlying asset’s price attains or exceeds one of two preset barrier levels. Investors using this option can set the position of both barriers, expiration time, and amount of payout to be received. Either one of the barriers must be surpassed to generate profit and for the buyer to get the payout. The option expires worthless if neither barrier level is breached before expiration. The trader loses all the premium paid to the broker for putting up the trade.
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Liquidity Adjustment Facility
A tool in monetary policy where banks are allowed to borrow money through repurchase agreements, and to respond to liquidity pressures. The governm ...
Data Warehousing
Electronic storage of information in a business or corporation. It should be secure, reliable and easy to retrieve and manage. It originated in 198 ...
One-Tailed Test
A statistical test where the critical area of a circulation is one-sided so that it is either less than or greater than a specific value, but not b ...
Less-than-Truckload
A shipping service that carries small loads of freight, weight between partial and full truckload. The service is being offered by many large and n ...
Original Cost
It simply refers to the total cost associated in buying an asset.
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