Import-substitution development strategy

Import-substitution development strategy

Import-substitution development strategy

A development strategy followed by many Latin American countries and other LDCs that emphasized import substitution – accomplished through protectionism – as the route to economic growth.

Post sponsored by:

Implied volatility

Implied volatility

Implied volatility

The expected volatility in a stock’s return derived from its option price, maturity date, exercise price, and riskless rate of return, using an option-pricing model such as Black Scholes.

Post sponsored by:

Implied repo rate

Implied repo rate

Implied repo rate

The rate that a seller of a futures contract can earn by buying an issue and then delivering it at the settlement date. Related: cheapest to deliver issue

Post sponsored by:

Implied call

Implied call

Implied call

The right of the homeowner to prepay, or call, the mortgage at any time.

Post sponsored by:

Immediate settlement

Immediate settlement

Immediate settlement

Delivery and settlement of securities within five business days.

Post sponsored by:

Idiosyncratic Risk

Idiosyncratic Risk

Idiosyncratic Risk

Unsystematic risk or risk that is uncorrelated to the overall market risk. In other words, the risk that is firm specific and can be diversified through holding a portfolio of stocks.

Post sponsored by: