What Is Functional Obsolescence? Functional obsolescence is when an asset becomes less useful because of an outdated design that cannot be readily renovated or modernized. It is the reduction of an object’s usefulness or desirability because of an outdated design feature that is difficult to change or update. The application […]
What is a Dragonfly Doji Candlestick Pattern? A dragonfly doji candlestick pattern forms when a trading candlestick has the same high, open, and closing prices forming a capital letter “T” The Dragonfly Doji is typically interpreted as a bullish reversal chart pattern when it occurs at the bottom of a […]
What Is a Habendum Clause? The habendum clause in a deed, lease, or mineral rights contract defines the interests, property rights, and specific details of ownership. A habendum clause is a contract provision. It deals with property rights, interests, and other aspects of ownership granted to one of the parties […]
What Is a Shadow Price? A Shadow Price is an assigned monetary value to an item, commodity, or service where the true value is unknown and can only be estimated. Shadow pricing is commonly used to establish a value for something that is not ordinarily bought and sold in any […]
What Is the Hedge Ratio? The hedge ratio is the hedged position value divided by the total position value. A ratio of 1 or 100% means that the position is fully hedged and a ratio of 0 means it is not hedged at all. The ratio is the comparative value […]
What Does To Stem the Tide Mean? Stem the tide is an expression meaning to stop or at least gain control of a situation. It usually refers to something bad that is happening on a large scale. Therefore, In the context of an investment or a trade, to stem the […]