Binary optionA binary option is a financial exotic option in which the payoff is either some fixed monetary amount or nothing at all. The two main types of binary options are the cash-or-nothing binary option and the asset-or-nothing binary option. The former pays some fixed amount of cash if the option expires in-the-money while the latter pays the value of the underlying security. They are also called all-or-nothing options, digital options (more common in forex/interest rate markets), and fixed return options (FROs) (on the NYSE American).
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.
Overhead power lineAn overhead power line is a structure used in electric power transmission and distribution to transmit electrical energy across long distances. It consists of one or more uninsulated electrical cables (commonly multiples of three for three-phase power) suspended by towers or poles. Since most of the insulation is provided by the surrounding air, overhead power lines are generally the least costly method of power transmission for large quantities of electric energy.
Submarine power cableA submarine power cable is a transmission cable for carrying electric power below the surface of the water. These are called "submarine" because they usually carry electric power beneath salt water (arms of the ocean, seas, straits, etc.) but it is also possible to use submarine power cables beneath fresh water (large lakes and rivers). Examples of the latter exist that connect the mainland with large islands in the St. Lawrence River. The purpose of submarine power cables is the transport of electric current at high voltage.
Electrical cableAn electrical cable is an assembly of one or more wires running side by side or bundled, which is used to carry electric current. One or more electrical cables and their corresponding connectors may be formed into a cable assembly, which is not necessarily suitable for connecting two devices but can be a partial product (e.g. to be soldered onto a printed circuit board with a connector mounted to the housing). Cable assemblies can also take the form of a cable tree or cable harness, used to connect many terminals together.
Bond optionIn finance, a bond option is an option to buy or sell a bond at a certain price on or before the option expiry date. These instruments are typically traded OTC. A European bond option is an option to buy or sell a bond at a certain date in future for a predetermined price. An American bond option is an option to buy or sell a bond on or before a certain date in future for a predetermined price. Generally, one buys a call option on the bond if one believes that interest rates will fall, causing an increase in bond prices.
FinanceFinance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, which is the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance.
Superconducting wireSuperconducting wires are electrical wires made of superconductive material. When cooled below their transition temperatures, they have zero electrical resistance. Most commonly, conventional superconductors such as niobium–titanium are used, but high-temperature superconductors such as YBCO are entering the market. Superconducting wire's advantages over copper or aluminum include higher maximum current densities and zero power dissipation.
Asian optionAn Asian option (or average value option) is a special type of option contract. For Asian options, the payoff is determined by the average underlying price over some pre-set period of time. This is different from the case of the usual European option and American option, where the payoff of the option contract depends on the price of the underlying instrument at exercise; Asian options are thus one of the basic forms of exotic options.
High-voltage cableA high-voltage cable (HV cable) is a cable used for electric power transmission at high voltage. A cable includes a conductor and insulation. Cables are considered to be fully insulated. This means that they have a fully rated insulation system that will consist of insulation, semi-con layers, and a metallic shield. This is in contrast to an overhead line, which may include insulation but not fully rated for operating voltage (EG: tree wire).
