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selling short
Financial services; General Finance
Selling a stock not actually owned. If an investor thinks the price of a stock is going down, the investor could borrow the stock from a broker and sell it. Eventually, the ...
swaption
Financial services; General Finance
Options on interest rate swaps. The buyer of a swaption has the right to enter into an interest rate swap agreement by some specified date in the future. The swaption agreement ...
cheddar
Dairy products; Cheese
The most widely purchased and eaten cheese in the world. Cheddar cheeses were originally made in England, however today they are manufactured in many countries all over the world. ...
selling short against the box
Financial services; General Finance
Selling short stock that is actually owned by the seller but held in the box, meaning it is held in safekeeping. The seller borrows securities needed to cover as the stock in the ...
security market line
Financial services; General Finance
The linear relationship between expected asset returns and betas posited by the Capital Asset Pricing Model.