11 definitions by goyische shitheel

In financial derivatives, where the hedge position corresponds one-for-one with the notional of the derivative.

This is always true of forwards and swaps: thus, Jérôme Kerviel, as a swaps trader, was on SocGen's Delta One desk.
The amount of money that Kerviel was making, as a Delta One trader with a 500K risk limit, was suspicious.
by goyische shitheel July 10, 2008
A Jew who becomes more frum] later in life. Plural is ba'al teshuvot.
No more calamar' for the ba'al teshuvah.
by goyische shitheel March 16, 2006
The zipcode for Manhattan's Upper East Side (UES), the debutard capital of the planet.
All of the 10021 showed up at the Fake Trust-Fund Artists Who Can Still Live in Manhattan Benefit at the Metropolitan. After all, it was hosted by (gasp) Tinsley. Again.
by goyische shitheel December 22, 2006
One of the crews from the mid-seventies golden age of NYC grafitti.
The Fabulous 5 tagged the IRT.
by goyische shitheel March 18, 2006
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