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Path dependent option |
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Path dependent optionAn option whose value depends on the sequence of prices of the underlying asset rather than just the final price of the asset.Path dependent option Similar MatchesPath dependentPath dependentThe property that where you get to depends on how you got there. That is, if the equilibrium that will ultimately be reached by a system depends on the values of variables taken on away from equilibrium, then the equilibrium is path dependent. Independent brokerIndependent brokerNYSE member who NYSE NYSE for NYSE and firms other than its own. Independent financial adviserIndependent financial adviserA person qualified to give financial advice to clients on life assurance, pensions, funds, and other financial products, who is not tied to any one financial institution.A financial adviser may charge his clients a fee for his advice, and, depending on his contract with product providers, may also receive a commission on the products which the client buys.In theory, an IFA's recommendations should be based on which company and products best suit the needs of the client, not on the level of commission he receives.In contrast, a company representative or tied agent is a financial adviser who is authorised to recommend only the products of the company he represents, so his advice is partial.Financial advisers have to make it clear to their clients whether they are independent or tied. Independent surveyors reportIndependent surveyors reportA survey will tell you exactly what work needs to be done to the building and whether there are any problems with the property you didn't know about. This can help avoid unpleasant and costly surprises after you have moved in. As the buyer, it is your responsibility to find out what you are committing yourself to. The seller has no liability whatsoever once the purchase is complete. Independent investmentsIndependent investmentsInvestments available to a firm that may be selected individually or in groups because each investment is different in its nature and purpose. Further SuggestionsIndependent variableIndependent project Dependent Dependent variable |
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