by bickCAC October 30, 2020
Get the Triple Trencher mug.a phrase used (most commonly) by aussie white boys who lived in a suburban area all their lives and want to feel like they're thugs or gangbangers.
'yo i grew up in the melbourne trenches you'd get banged if u acted like that in my hood.'- kyle
'ur mums name is Brittany and she drives a range rover shut the fuck up'-any sane persons reply
'ur mums name is Brittany and she drives a range rover shut the fuck up'-any sane persons reply
by look_at_all_those_chickens August 22, 2021
Get the melbourne trenches mug.Related Words
by fgrtgdftgrftghyhgtdfgtfrfgrttw October 14, 2022
Get the Suburbian Trenches 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
Get the Tranched Value Security (TVS) mug.by Ohhhhhhh yeahhhhh ik shit September 17, 2020
Get the the trenches mug.by TRENCHES-X June 13, 2011
Get the trenches mug.a feeling one has from time to time; that wearing a trench coat is not only necessary, but also in the best interest of all man kind. That to wear a trench coat may in fact save yourself from destruction.
In reaction to his trencherous feelings, Jimmy threw on his trench coat, avoiding impending doom, he even looked so snazzy that Lisa sat next to him on the subway.
by ganoniteSengir June 10, 2010
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