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
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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
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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
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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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