Examlex
Identify and state the historical significance of the following:
-Jack London
Delta
In finance, it's a ratio that compares the change in the price of an asset, usually a marketable security, to the corresponding change in the price of its derivative.
Underlying Asset
The financial asset upon which a derivative's price, such as an option or future, is based.
Net Requirements
The total demand for a product or component minus the inventory already on hand or on order, used in manufacturing and inventory management.
Gross Requirements
The total amount of materials or components needed to fulfill production or sales orders, before considering inventory on hand or scheduled receipts.
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