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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 MatchesIndependent investmentsIndependent investmentsInvestments available to a firm that may be selected individually or in groups because each investment is different in its nature and purpose. Independent projectIndependent projectA project whose acceptance or rejection is independent of the acceptance or rejection of other projects. Independent variableIndependent variableTerm used in regression analysis to represent the element or condition that is expected to influence another (so-called dependent) variable. 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. DependentDependentAcceptance of a capital budgeting project contingent on the acceptance of another project. Further SuggestionsPath dependentDependent variable Independent broker Independent surveyors report |
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