One-Delta-Ten-Tango

1D10T = Idiot, buffoon. Military Term utilizing the phoenetic alphabet.

That guy is a real one-delta-ten-tango. He couldn't navigate his way out of his own ass.

by maechtig August 5, 2006

Delta One

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 June 28, 2008