|
|
Gross parity |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Gross parityApplies mainly to convertible securities and international equities. Antithesis of net parity. For the price of a convertible, including accrued interest. For the price of international security, including commissions, fees, stamp duty, and other transaction costs, translated into U.S. dollar amounts.Gross parity Similar MatchesParityParityA term used to describe an option contract's total premium when that premium is the same amount as its intrinsic value. For example, when an option's theoretical value is equal to its intrinsic value, it is said to be 'worth parity.' When an option is trading for only its intrinsic value, it is said to be 'trading at parity.' Parity may be measured against the stock's last sale, bid, or offer. Forward parityForward parityNotion that the forward rate is an unbiased predictor of future spot exchange rates. Income disparityIncome disparityInequality of income, usually referring to differences in average per capita incomes across countries. Parity ratioParity ratioA measure of a warrant's 'moneyness' or intrinsic value. Conversion parityConversion paritySee: Market conversion price Further SuggestionsUncovered interest parityConversion parity price Purchasing power parity exchange rate Interest rate parity line (IRP) Interest parity Spot futures parity theorem Conversion parity or value Debt service parity approach Parity value Covered Interest Rate Parity Interest rate parity theorem Put call parity relationship Purchasing power parity Interest rate parity line (IRP) Parity Central parity Purchasing power parity Covered interest parity Relative form of purchasing power parity Net parity Absolute form of purchasing power parity Disparity Purchasing power parity theory |
|
|
|