below a value
101exercise value — The value of an in the money option if it was exercised today (before the expiration date). For a call option, this is the difference between the current asset price and the strike price. For a put option, it is the difference between the strike… …
102Lower (Net) Heating Value — The lower or net heat of combustion for a fuel that assumes that all products of combustion are in a gaseous state. (See Net Heating Value below.) …
103median value — noun the value below which 50% of the cases fall • Syn: ↑median • Derivationally related forms: ↑median (for: ↑median) • Topics: ↑statistics …
104WESTERNS, ARTISTIC VALUE — For most of the history of cinema, Westerns have been considered the lowest of low culture. For many older critics, even the few great films of John Fordfall far below the mark of what one might consider high art. These critics dismiss… …
105Economic Affairs — ▪ 2006 Introduction In 2005 rising U.S. deficits, tight monetary policies, and higher oil prices triggered by hurricane damage in the Gulf of Mexico were moderating influences on the world economy and on U.S. stock markets, but some other… …
106radiation — radiational, adj. /ray dee ay sheuhn/, n. 1. Physics. a. the process in which energy is emitted as particles or waves. b. the complete process in which energy is emitted by one body, transmitted through an intervening medium or space, and… …
107Prices of production — refers to a concept in Karl Marx s critique of political economy. It is introduced in the third volume of Das Kapital, where Marx considers the operation of capitalist production as the unity of a production process and a circulation process… …
108star — starless, adj. /stahr/, n., adj., v., starred, starring. n. 1. any of the heavenly bodies, except the moon, appearing as fixed luminous points in the sky at night. 2. Astron. any of the large, self luminous, heavenly bodies, as the sun, Polaris,… …
109par — The face value of a security. For example, a bond selling at par is worth the same dollar amount it was issued for or at which it will be redeemed at maturity. Chicago Board of Trade glossary (1) The principal or maturity value of a non… …
110Unequal exchange — is a much disputed concept, used preferably in Marxian economics but also in ecological economics to denote forms of exploitation hidden in, or underwriting trade. Originating, in the wake of the debate on the Singer Prebisch thesis, as an… …
