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Seed

• Is the initial value or piece of data which is used to initiate an algorithm or process. In commodities, it refers to the part of the crop or crop inventory which is set aside for subsequent planting purposes.

 
 Embedded terms in definition
 Crop
Inventory
 
 Referenced Terms
 Black scholes option model: Is the seminal work about options pricing models. It was developed by Fisher Black and Myron Scholes. It initially focused on securities prices. Subsequently, it was refined by Fisher Black for the futures markets. Most options models depart from this Seed. This important work was published by Fischer Black and Myron Scholes in the May-June 1973 edition of The Journal of Political Economy. It laid the foundation for the quantitative analysis and practical calculation of puts and calls. The model indicated that options would eliminate risk from stock portfolios subject to some assumptions. The lognormal model stated that option values could be determined by using the current stock price, time left to expiration, the strike or exercise price, the variance of the stock's rate of return (standard deviation applied) and the risk-free rate of interest.

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Tips for Trying to Fix a Clogged or "Frozen" Home Equity Line: For years, homeowners have turned to home equity lines of credit (HELOCs) as a way to borrow against their home's value to pay for college tuition, home improvements, medical bills and other major expenses. (A home's equity is the market value minus what is owed on the mortgage. If you owe $100,000 on your mortgage but your home is worth $250,000, your equity is $150,000.) More...

You are what you think. You are what you go for. You are what you do! Bob Richards

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