brought into existence through thought, a la 'The Secret'
(NB. pronounced "SEE-creted", not "se-CREE-ted")
(NB. pronounced "SEE-creted", not "se-CREE-ted")
by eon82 March 19, 2010
Get the secreted mug.The, unattainable, unicorn-like, fantasy crush of a gay man known only to him and those closest to him EXCEPT his primary partner, who must always know NOTHING of the secret pretend boyfriend.
by myth ookami July 9, 2011
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Secrit
• secret
• Secret Squirrel
• scritch
• secret agent
• secret santa
• Secretary
• secret sauce
• scrit
• secret garden
A dark horse in the game of life. Someone intelligent and crafty who remains quiet and reserved through the early part of their life but becomes majorly successful beyond that. Are usually capable of really sadistic hatred at times, but on the flipside, care passionately about true love, futurism and the arts. Most listen to new wave and electronic music and enjoy watching the lives of simpletons as they sit quietly, knowing that they're better. Many don't touch any sort of substance, including alcohol, enjoy chic decor and are up to date with technology.
Guy 1: That dude over there, the one listening to Fiction Factory and actually writing his essay. He's probably a secret elitist or something.
Guy 2: What the hell are you talking about?
Guy 3: Trust me, man. One day, we may be working for that guy, cleaning his nice house or some shit.
Guy 2: What the hell are you talking about?
Guy 3: Trust me, man. One day, we may be working for that guy, cleaning his nice house or some shit.
by Manchild543 August 7, 2011
Get the Secret Elitist mug.Secret Circle- A time of secret sharing between friends, usually when they are drunk. The secrets are not suppose to get out of the circle but they usually do. Sometimes used so that someone finds out something you wanna say but you are too scared to say it to there face but this is rare.
Hey guys secret circle, I don't like Mary can we make her leave?
Hey guys secret circle, I really like John but don't tell him!
Hey guys secret circle, I really like John but don't tell him!
by Faithf September 10, 2014
Get the Secret Circle mug.A person employed by a foreign government or organization who is sent to secretly obtain and steal information while remaining undetected.
The police officer was discovered to be a secret agent who had remained undetected for months and was going to try to infiltrate the FBI.
by Strawberry Pterodactyls August 16, 2018
Get the Secret Agent mug.The Security MBA (Masters of Beer Appreciation) is a group meeting in Ohio since 2004 on a monthly basis for the sharing of information regarding InfoSec, crypto, CyberCrime, hacking, Internet law, social engineering, identity, forensics, firearms, national security, and more topics within the Information Security bailiwick. With usually free beer. Informative, casual, conversational, sometimes irreverent, frequently entertaining, The Security MBA is wickedly fun.
"Hey Bob, you need to come to The Security MBA tonight! Free beer, and strippers!"
"Dude, did you say beer, I'm in!"
"Dude, did you say beer, I'm in!"
by Trogdor the Burninat0r October 21, 2009
Get the The Security MBA mug.(FINANCE) patent pending a financial derivative that splits the value of underlying asset in various proportions, each of which has a specific seniority level (less senior cannot be executed before the senior one). It allows the owner to claim either fixed monetary value or variable value share of underlying asset, depending on the specific Tranched Value Security's seniority.
A Tranched Value Security (TVS) allows one to get a risk and return exposure to the specific level of underlying asset price risk, as opposed to previously existent derivatives that allowed to do so with the entire asset price only. Within such design of financial security, owner of TVS is able to reap significant profits by taking limited risk.
One could issue a Senior and Junior Tranched Value Securities, each having a variable value share of 50%, and fixed value share of $40, backed by (say) one Bitcoin when it's price was $100. If consequentially the Bitcoin price declines to $80, the Senior TVS would remain at $50 (0% return), while the Junior TVS would become $30 (-40% return). With subsequent price correction to $110 per one Bitcoin, both TVSs would have a claim of 50% of market price ($55), making the return of Senior TVS +10%, and return for Junior TVS +83%.
A Tranched Value Security (TVS) allows one to get a risk and return exposure to the specific level of underlying asset price risk, as opposed to previously existent derivatives that allowed to do so with the entire asset price only. Within such design of financial security, owner of TVS is able to reap significant profits by taking limited risk.
One could issue a Senior and Junior Tranched Value Securities, each having a variable value share of 50%, and fixed value share of $40, backed by (say) one Bitcoin when it's price was $100. If consequentially the Bitcoin price declines to $80, the Senior TVS would remain at $50 (0% return), while the Junior TVS would become $30 (-40% return). With subsequent price correction to $110 per one Bitcoin, both TVSs would have a claim of 50% of market price ($55), making the return of Senior TVS +10%, and return for Junior TVS +83%.
Buying a Senior Tranched Value Security is a way to get a long position in the underlying asset's potential returns, with significantly limited downside potential.
Buying a Junior TVS is a way to get substantial return potential, surpassing that of leveraged positions, while having no chance of being liquidated.
Selling a Tranched Value Security (TVS) is a way to get rid of the desired either upper (exposing oneself to greater returns) or lower part (exposing oneself to less volatile returns) of price risk of underlying asset.
Buying a Junior TVS is a way to get substantial return potential, surpassing that of leveraged positions, while having no chance of being liquidated.
Selling a Tranched Value Security (TVS) is a way to get rid of the desired either upper (exposing oneself to greater returns) or lower part (exposing oneself to less volatile returns) of price risk of underlying asset.
by Derivatives Powerhouse January 21, 2021
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