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Meaning of third-order | Babel Free

Adjective CEFR C1

Definitions

Of or pertaining to third-order Greeks, used by portfolio managers and derivative traders to measure risk and the sensitivity of an option in regard to changes in implied volatility, time premium decay, and the price of its underlying security.

not-comparable

CEFR level

C1
Advanced
This word is part of the CEFR C1 vocabulary — advanced level.
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