Business and Personal Finance Dictionary

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• BLACK BOX - Is software that is used for proprietary trading or analytical purposes. The key rules and ...
  
  
• BLACK FRIDAY - A precipitous drop in a financial market . The original Black Friday occurred on Septemb...
  
  
• BLACK HOLE EXPENDITURE - a capital R&D expenditure that does not give rise to a depreciable asset and i...
  
  
• BLACK MARKET - An illegal market.
  
  
• BLACK MARKETS - are created when buyers and sellers meet to negotiate the exchange of a prohibited or i...
  
  
• BLACK MONDAY - Refers to October 19, 1987, when the Dow Jones Industrial Average fell 508 points on the...
  
  
• BLACK OPTION MODEL - Is the Black-Scholes option model modified by Fischer Black for the futures market...
  
  
• BLACK SCHOLES MODEL - A model used to value options. This model was developed in 1973 by Fischer Black ...
  
  
• BLACK-SCHOLES EQUATION - An equation used to determine the value of option securities prices based on t...
  
  
• BLACK-SCHOLES MODEL - An options pricing formula initially derived by Fisher Black and Myron Scholes fo...