Examlex
Technician A says vehicle tracking is the parallel relationship between the front and rear wheels. Technician B says vehicle tracking is the parallel relationship between the front cross member and the rear cross member. Who is correct?
Dollar Exposure
The extent to which a company or investor is affected by changes in the value of the U.S. dollar against foreign currencies.
Call Delta
An option's sensitivity measure that indicates how much the price of the call option is expected to change in response to a one-point change in the price of the underlying asset.
Two-State
Usually references a model involving two possible outcomes or states, often used in finance to model investment under uncertainty.
Hedge Ratio
The ratio used to calculate the number of derivatives needed to hedge a particular risk exposure.
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