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Fuzzy Logic Can Describe a Particular Phenomenon or Process Linguistically

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Fuzzy logic can describe a particular phenomenon or process linguistically and then represent that description in a small number of flexible rules.


Definitions:

Given Date

A specific date mentioned or defined within a particular context or document.

At the Money

A term used in options trading to describe an option with a strike price that is identical or very close to the market price of the underlying security.

Employee Stock Options

The right granted to employees by a company to buy its shares at a discounted price or a specific price within a specified time period.

Underwater

A term often used in finance to describe a situation where an asset's market value is less than the balance owed on the loan used to purchase that asset.

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