A person who turns your negativity and stigma into the oppositve. Very attractive, sexy, considerate, adorable, hopeless romantic (but you should be too so its ok) humble and a perfectionist. Serenity's have good insight and will always tell you the truth about anything whether you like it or not you were realize it was good or you and that they're right. This person will always make you a better person and you cannot help but to love everything about them, even the imperfection, they are just that great. A homie, lover, friend 100%.
by Jay_u_love July 16, 2020
Get the Serenity 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
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(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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Bob: I hope you used protection with that ho you banged last night.
Joe: Yeah, I made a security deposit.
Joe: Yeah, I made a security deposit.
by Celestial Parsnip September 4, 2003
Get the security deposit mug.by you.dont.know.me.1.2.3 September 12, 2016
Get the serenity+jacob=<3 mug.someone with God-given sex appeal, sure to turn heads when they walk into a room. Please, dont be alarmed, they love holding toes rather than hands, especially in the room you sleep in. A fighter since the womb, they will never back down from a challenge. Sure to be socially awkward art times, but you cant blame them, it takes two to create the child, and its not their mother's genes. They have a nice balance of morbid obesity yet cultured with a touch of racism. The best of both worlds one might say. Im so horny rn. Not only are their toes enormous, but so is their lower left intestine. It really gets everyone in the room gassed up. Along with luscious locks of hair, probably better than your moms, they have an uncanny resemblance to Lavar Ball (black middle aged man), but you will never hear them brag about it because of how humble they are. Basically to sum it up, this person is like taking Xanex and LSD while getting railed from the behind by a guerrilla-monster. Not to be mistaken for a guerrilla like harambe, because harambe was a pussy compared to this shit.
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by erectile dysfunctional family May 18, 2020
Get the Gennifer Dorgan Phillip John Pagano Keerat Howe Octavias Maximum Security Prison 6ix9ine mug.by Javk hoff October 31, 2018
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