The short-term payoff for this is modest, but the optionality value is enormous.
Some offices do not follow the corporate procedure, due to a culture of optionality.
Wikipedia foundation.
optionality — index discretion (power of choice) Burton s Legal Thesaurus. William C. Burton. 2006 … Law dictionary
optionality — optional ► ADJECTIVE ▪ available to be chosen but not obligatory. DERIVATIVES optionality noun optionally adverb … English terms dictionary
optionality — noun see optional … New Collegiate Dictionary
optionality — op·tion·al·i·ty … English syllables
optionality — noun see optional I … Useful english dictionary
optional — optionality, n. optionally, adv. /op sheuh nl/, adj. 1. left to one s choice; not required or mandatory: Formal dress is optional. 2. leaving something to choice. [1755 65; OPTION + AL1] Syn. 1. discretional, elective, voluntary. * * * … Universalium
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Convexity (finance) — In mathematical finance, convexity refers to non linearities in a financial model. In other words, if the price of an underlying variable changes, the price of an output does not change linearly, but depends on the second derivative (or, loosely… … Wikipedia
Convertible bond — Financial markets Public market Exchange Securities Bond market Fixed income Corporate bond Government bond Municipal bond … Wikipedia
Church of Denmark — Evangelical Lutheran Church in Denmark The Marble Church in Copenhagen Classification Protestant Orientation Lutheranism Polity … Wikipedia
