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Mountain Range Options

First crafted by Société Générale in 1998, mountain range options are a line of option products, which constitutes path-dependent options whose...

Atlas Option

A mountain range option in which some of the best and worst performing stocks are trimmed from the basket of underlying...

Altiplano Option

A vanilla option which entitles its holder to receive a large coupon payment if the underlying asset/ security never reaches its strike...

Derecognition

The process that involves the removal of a financial asset or financial liability or generally any element (that was already...

Bottom Line

Broadly speaking, it is the final total of an account or a financial statement (specifically the statement of financial position...

Financial Profit

The net income (NI) or net earnings an entity earns after deducting all monetary costs from total revenue. It reflects...

Bookkeeping Profit

Profit or loss pertaining to a specific accounting period before deducting tax expense. In other words, it refers to profit...

Economic Life

The period over which an asset provides or is expected to provide its economic benefits to an entity owning and/...

Derivative

A financial instrument or agreement/ contract whose value changes in reaction to the change in a specific underlying asset or...

Active Market

A market where transactions involving an asset or a liability occur in a frequency and volume enough to establish a...