The stage in a couple's relationship when it is not uncommon that they disappear for days at a time with no contact with the outside world. Hence, there is no general cause for worry or alarm. Analytically, this should mean the said couple is home and heavily engaged in consummating their love. This aspect is not necessarily the case these days. It is with today's many travel package get-away deals that this couple could have been "Trenchin' it in Cancun!"
End note: It is said that the term, "trench love" first came into use during World War I, somewhere in France.
End note: It is said that the term, "trench love" first came into use during World War I, somewhere in France.
by gravy111 November 26, 2010
Get the Trenched Love 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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by JulZ June 19, 2006
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Get the Trenched mug.1. Trenched (verb): An action that is either epic or unbelievably terrible. A common substitute for the word "fuck" and its variations
2. Trench(ed) (adjective): used to describe incredible awesomeness or utter disappointment
2. Trench(ed) (adjective): used to describe incredible awesomeness or utter disappointment
1. Let's get Trenched at the Concert!
Ya bro! I can't wait to be completely trenched.
or
We got completely trenched at the game today, I can't believe we lost.
2. That movie was trenched. It could win an Oscar.
Ya bro! I can't wait to be completely trenched.
or
We got completely trenched at the game today, I can't believe we lost.
2. That movie was trenched. It could win an Oscar.
by Turd "The Turd" Ferguson September 6, 2023
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