WeirA weir wɪə or low-head dam is a barrier across the width of a river that alters the flow characteristics of water and usually results in a change in the height of the river level. Weirs are also used to control the flow of water for outlets of lakes, ponds, and reservoirs. There are many weir designs, but commonly water flows freely over the top of the weir crest before cascading down to a lower level. There is no single definition as to what constitutes a weir, and one English dictionary simply defines a weir as a small dam.
RiffleA riffle is a shallow landform in a flowing channel. Colloquially, it is a shallow place in a river where water flows quickly past rocks. However, in geology a riffle has specific characteristics. Riffles are almost always found to have a very low discharge compared to the flow that fills the channel (approximately 10–20%), and as a result the water moving over a riffle appears shallow and fast, with a wavy, disturbed water surface. The water's surface over a riffle at low flow also has a much steeper slope than that over other in-channel landforms.
RiverA river is a natural flowing watercourse, usually a freshwater stream, flowing on the surface or inside caves towards another waterbody at a lower elevation, such as an ocean, sea, bay, lake, wetland, or another river. In some cases, a river flows into the ground or becomes dry at the end of its course without reaching another body of water. Small rivers can be referred to by names such as creek, brook, and rivulet. There are no official definitions for the generic term river as applied to geographic features, although in some countries or communities, a stream is defined by its size.
Option styleIn finance, the style or family of an option is the class into which the option falls, usually defined by the dates on which the option may be exercised. The vast majority of options are either European or American (style) options. These options—as well as others where the payoff is calculated similarly—are referred to as "vanilla options". Options where the payoff is calculated differently are categorized as "exotic options". Exotic options can pose challenging problems in valuation and hedging.
Option (finance)In finance, an option is a contract which conveys to its owner, the holder, the right, but not the obligation, to buy or sell a specific quantity of an underlying asset or instrument at a specified strike price on or before a specified date, depending on the style of the option. Options are typically acquired by purchase, as a form of compensation, or as part of a complex financial transaction.
Real options valuationReal options valuation, also often termed real options analysis, (ROV or ROA) applies option valuation techniques to capital budgeting decisions. A real option itself, is the right—but not the obligation—to undertake certain business initiatives, such as deferring, abandoning, expanding, staging, or contracting a capital investment project. For example, real options valuation could examine the opportunity to invest in the expansion of a firm's factory and the alternative option to sell the factory.
Channel (geography)In physical geography, a channel is a type of landform consisting of the outline of a path of relatively shallow and narrow body of water or of other fluids (e.g., lava), most commonly the confine of a river, river delta or strait. The word is generally used to refer to a natural formation of a narrow and is cognate to canal, which is more commonly used to denote an artificial formation. Channels are important for the functionality of ports and other bodies of water used for navigability for shipping.
WaterwayA waterway is any navigable body of water. Broad distinctions are useful to avoid ambiguity, and disambiguation will be of varying importance depending on the nuance of the equivalent word in other languages. A first distinction is necessary between maritime shipping routes and waterways used by inland water craft. Maritime shipping routes cross oceans and seas, and some lakes, where navigability is assumed, and no engineering is required, except to provide the draft for deep-sea shipping to approach seaports (channels), or to provide a short cut across an isthmus; this is the function of ship canals.
RaftingRafting and whitewater rafting are recreational outdoor activities which use an inflatable raft to navigate a river or other body of water. This is often done on whitewater or different degrees of rough water. Dealing with risk is often a part of the experience. This activity as an adventure sport has become popular since the 1950s, if not earlier, evolving from individuals paddling to rafts with double-bladed paddles or oars to multi-person rafts propelled by single-bladed paddles and steered by a person at the stern, or by the use of oars.
BeachA beach is a landform alongside a body of water which consists of loose particles. The particles composing a beach are typically made from rock, such as sand, gravel, shingle, pebbles, etc., or biological sources, such as mollusc shells or coralline algae. Sediments settle in different densities and structures, depending on the local wave action and weather, creating different textures, colors and gradients or layers of material.
