Meaning

Definition:In options trading, theta measures how much an option’s price decreases as time passes, assuming all other factors stay the same. It represents time decay the rate at which an…

Definition:In trading, TP stands for Take Profit a pre-set price level at which a trader automatically closes a position to lock in gains once the market reaches a desired profit…

Definition:A BOL (Bill of Lading) in shipping is a legal document issued by a carrier that confirms receipt of goods, outlines shipment details, and serves as a contract for transportation…

Definition:Prorated rent is a partial rent amount calculated based on the number of days a tenant occupies a property during a billing period instead of paying the full monthly rent.…

In accounting, a debit is an entry recorded on the left side of an account that increases assets and expenses or decreases liabilities, equity, and revenue. In short: debit describes…

Definition:A slope rating in golf measures how much more difficult a course plays for a bogey golfer compared to a scratch golfer. It indicates the relative challenge of a course…

Definition:In soccer, aggregate refers to the combined total score of two teams across multiple matches, usually over two legs. The team with the higher total score after both games wins…

Definition:GIDP in baseball stands for Grounded Into Double Play. It occurs when a batter hits a ground ball that results in two offensive players being called out in the same…

Definition:In hockey, an “empty net” means a team has removed its goaltender from the ice, leaving the goal unguarded to add an extra skater and increase scoring chances.This usually happens…

Definition:A break point in tennis is a situation where the receiving player needs just one more point to win the game on the opponent’s serve. If they win that point,…