Basket: Applies to derivative products. Group of stocks that is formed with the intention of either being bought or sold all at once, usually to perform index arbitrage or a hedging program.

 

Related Words

Basket: The metal frame structure of a standard dynamic loudspeaker. In larger, heavier speakers, this may be made of cast metal for extra strength and rigidity. All the other elements of the speake . . . View Full Definition

Basket-Fired: Japanese tea that has been cured in baskets by firing or drying.

Basket Options: Packages that involve the exchange of more than two currencies against a base currency at expiration. The basket option buyer purchases the right, but not the obligation, to receive designat . . . View Full Definition

Basketcase: A Basketcase is a pile of parts usually bought as a whole and supposedly from a single bike model. Basketcases are bought especially by motorcycle restorers to help finish out a restoration.

Drive To The Basket: To move rapidly with purpose and authority toward the basket with the ball with the intention of scoring.

Die Cast (Basket): A type of speaker basket or frame that is cast as a single piece of relatively thick, rigid metal. This contrasts with a Stamped frame that is shaped by pressure, much like a car body fender . . . View Full Definition

Stamped (Basket): The frame of a loudspeaker which has been stamp pressed to achieve its shape. It is used as a base to mount all the other elements of the driver. With a frame of adequate thickness and stren . . . View Full Definition

Bisquit In The Basket: The puck hitting the back of the net on a goal.

Currency Basket: Taking advantage of divergences in exchange rates in different money markets by buying a currency in one market and selling it in another market.

Market Basket: Average quantities of consumables, including U.S. farm foods, purchased per household for a given base period, used to compute an index of retail prices.