# N

• Is the Commodity Futures Symbol which represents the July Delivery Month.

Embedded terms in definition
Commodity
Delivery month
Delivery
Futures

Referenced Terms
Alpha equation: The alpha of a fuNd is determined as follows: [ (sum of y) -((b)(sum of x)) ] / n where: n =number of observations (36 months) b = beta of the fund x = rate of return for the S&P 500 y = rate of return for the fund

Annuity due: AN annuity for which the payments occur at the beginning of each period.AN annuity with n payments, wherein the first payment is made at time t = 0 and the lastpayment is made at time t = n - 1.

Beta equation mutual funds: The beta of a fuNd is determined as follows: [(n) (sum of (xy)) ]-[ (sum of x) (sum of y)] [(n) (sum of (xx)) ]-[ (sum of x) (sum of x)] where: n = # of observations (36 months) x = rate of return for the S&P 500 Index y = rate of return for the fund.

Beta equation stocks: The beta of a stock is determiNed as follows:[(n) (sum of (xy)) ]-[(sum of x) (sum of y)][(n) (sum of (xx)) ]-[(sum of x) (sum of x)]where: n = # of observations (24-60 months)x = rate of return for the S&P 500 Index y = rate of return for the stock

T+n or t plus n: Is a broader descriptioN of the stipulated settlement process. Depending on the security and the marketplace, there are different rules and regulations governing settlements. Here, the T refers to the trade date and the N is the number of days from the trade date to the settlement date.

Related Terms
T+n or t plus n

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