PUT ON A PUT
One of the four types of compound options, this is a put option on another underlying put option. The buyer of a put on a put has the right but not the obligation to sell the underlying put option - also known as the vanilla option - on the expiration date. This type of option is used when leverage is desired, and the trader is moderately bullish on the underlying asset. The value of a put on a put changes in direct proportion to the price of the underlying asset, i.e. it increases as the asset price increases, and decreases as the asset price decreases.
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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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