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Vertical spread |
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Vertical spreadSimultaneous purchase and sale of two options that differ only in their exercise price. See: Horizontal spread.Vertical spread Similar MatchesEconomies of vertical integrationEconomies of vertical integrationProduced by achieving lower operating costs by owning all components of production and sometimes sales outlets rather than contracting for companies in the outside marketplace. Vertical specializationVertical specializationAnother term for fragmentation. Used by Hummels, Rapoport, and Yi (1998). Vertical mergerVertical mergerWhen one firm acquires another firm that is in the same industry but at another stage in the production cycle. For example, the firm being acquired serves as a supplier to the firm doing the acquiring. Vertical integrationVertical integrationProduction of different stages of processing of a product within the same firm. Vertical acquisitionVertical acquisitionBuying or taking over a firm in the same industry in which the acquired firm and the acquiring firm represent different steps in the production process. Further SuggestionsVertical line chartingVertical intraindustry trade |
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