Entertainment / Baseball / Curve: Pitch that moves down, across, or down and across, depending upon the rotation of the ball.
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Business / Finance / Parallel Shift In The Yield Curve: A shift in economic conditions in which the change in the interest rate on all maturities is the same number of basis points. In other words, if the three month T-bill increases 100 basis points (one MORE
Business / Finance / Yield Curve Option-Pricing Models: The graphic depiction of the relationship between the yield on bonds of the same credit quality but different maturities. Related: Term structure of interest rates. Harvey (1991) finds that the invers MORE
Business / Finance / Negative Yield Curve: When the yield on a short-term security is higher than the yield on a long-term security, partially because high interest rates are creating a greater demand for short-term borrowing. MORE
Business / Finance / Stopping Curve Refunding Rate: A curve showing the refunding rates for different times at which the expected value of refunding immediately equals the expected value of waiting to refund. MORE
Business / Finance / Nonparallel Shift In The Yield Curve: A shift in the yield curve in which yields do not change by the same number of basis points for every maturity. Related: Parallel shift in the yield curve. MORE
Business / Finance / Positive Yield Curve: When long-term debt interest rates are higher than short-term debt rates (because of the increased risk involved with long-term debt security). MORE