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Plain Vanilla
Plain vanilla is an adjective describing the simplest version of something, without any optional extras, basic or ordinary. In analogy with the common ice cream flavour vanilla, which became widely and cheaply available with the development of artificial vanillin flavour. Certain financial instruments, such as put options or call options, are often described as ''plain vanilla'' options. The opposite of plain vanilla options are exotic options.Plain vanilla owww.investopedia.com See also * Vanilla software, is a computer software which is not customized. * Vanilla sex Conventional sex, colloquially known as vanilla sex, is sexual behavior that is within the range of normality for a culture or subculture, and typically involves sex which does not include elements of BDSM, kink, or fetishism. Description What i ..., sexual behavior which a culture regards as standard or conventional. References Options (finance) {{business-term-stub ...
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Adjective
In linguistics, an adjective (list of glossing abbreviations, abbreviated ) is a word that generally grammatical modifier, modifies a noun or noun phrase or describes its referent. Its semantic role is to change information given by the noun. Traditionally, adjectives were considered one of the main part of speech, parts of speech of the English language, although historically they were classed together with Noun, nouns. Nowadays, certain words that usually had been classified as adjectives, including ''the'', ''this'', ''my'', etc., typically are classed separately, as Determiner (class), determiners. Here are some examples: * That's a funny idea. (attributive) * That idea is funny. (predicate (grammar), predicative) * * The good, the bad, and the funny. (substantive adjective, substantive) Etymology ''Adjective'' comes from Latin ', a calque of grc, ἐπίθετον ὄνομα, epítheton ónoma, additional noun (whence also English ''epithet''). In the grammatical traditi ...
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Ice Cream
Ice cream is a sweetened frozen food typically eaten as a snack or dessert. It may be made from milk or cream and is flavoured with a sweetener, either sugar or an alternative, and a spice, such as cocoa or vanilla, or with fruit such as strawberries or peaches. It can also be made by whisking a flavored cream base and liquid nitrogen together. Food coloring is sometimes added, in addition to stabilizers. The mixture is cooled below the freezing point of water and stirred to incorporate air spaces and to prevent detectable ice crystals from forming. The result is a smooth, semi-solid foam that is solid at very low temperatures (below ). It becomes more malleable as its temperature increases. The meaning of the name "ice cream" varies from one country to another. In some countries, such as the United States, "ice cream" applies only to a specific variety, and most governments regulate the commercial use of the various terms according to the relative quantities of the main in ...
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Vanilla
Vanilla is a spice derived from orchids of the genus ''Vanilla (genus), Vanilla'', primarily obtained from pods of the Mexican species, flat-leaved vanilla (''Vanilla planifolia, V. planifolia''). Pollination is required to make the plants produce the fruit from which the vanilla spice is obtained. In 1837, Belgian botanist Charles François Antoine Morren discovered this fact and pioneered a method of artificially pollinating the plant. The method proved financially unworkable and was not deployed commercially. In 1841, Edmond Albius, a 12-year-old enslaved child who lived on the French island of Réunion in the Indian Ocean, discovered that the plant could be hand-pollination, hand-pollinated. Hand-pollination allowed global cultivation of the plant. Noted French botanist and plant collector Jean Michel Claude Richard falsely claimed to have discovered the technique three or four years earlier. By the end of the 20th century, Albius was considered the true discoverer ...
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Vanillin
Vanillin is an organic compound with the molecular formula . It is a phenolic aldehyde. Its functional groups include aldehyde, hydroxyl, and ether. It is the primary component of the extract of the vanilla bean. Synthetic vanillin is now used more often than natural vanilla extract as a flavoring in foods, beverages, and pharmaceuticals. Vanillin and ethylvanillin are used by the food industry; ethylvanillin is more expensive, but has a stronger note. It differs from vanillin by having an ethoxy group (−O−CH2CH3) instead of a methoxy group (−O−CH3). Natural vanilla extract is a mixture of several hundred different compounds in addition to vanillin. Artificial vanilla flavoring is often a solution of pure vanillin, usually of synthetic origin. Because of the scarcity and expense of natural vanilla extract, synthetic preparation of its predominant component has long been of interest. The first commercial synthesis of vanillin began with the more readily available na ...
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Financial Instrument
Financial instruments are monetary contracts between parties. They can be created, traded, modified and settled. They can be cash (currency), evidence of an ownership interest in an entity or a contractual right to receive or deliver in the form of currency (forex); debt ( bonds, loans); equity ( shares); or derivatives ( options, futures, forwards). International Accounting Standards IAS 32 and 39 define a financial instrument as "any contract that gives rise to a financial asset of one entity and a financial liability or equity instrument of another entity". Financial instruments may be categorized by "asset class" depending on whether they are equity-based (reflecting ownership of the issuing entity) or debt-based (reflecting a loan the investor has made to the issuing entity). If the instrument is debt it can be further categorized into short-term (less than one year) or long-term. Foreign exchange instruments and transactions are neither debt- nor equity-based and bel ...
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Put Option
In finance, a put or put option is a derivative instrument in financial markets that gives the holder (i.e. the purchaser of the put option) the right to sell an asset (the ''underlying''), at a specified price (the ''strike''), by (or at) a specified date (the ''expiry'' or ''maturity'') to the ''writer'' (i.e. seller) of the put. The purchase of a put option is interpreted as a negative sentiment about the future value of the underlying stock. page 15 , 4.2.3 Positive and negative sentiment The term "put" comes from the fact that the owner has the right to "put up for sale" the stock or index. Puts may also be combined with other derivatives as part of more complex investment strategies, and in particular, may be useful for hedging. Holding a European put option is equivalent to holding the corresponding call option and selling an appropriate forward contract. This equivalence is called " put-call parity". Put options are most commonly used in the stock market to protect ...
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Call Option
In finance, a call option, often simply labeled a "call", is a contract between the buyer and the seller of the call option to exchange a security at a set price. The buyer of the call option has the right, but not the obligation, to buy an agreed quantity of a particular commodity or financial instrument (the underlying) from the seller of the option at a certain time (the expiration date) for a certain price (the strike price). This effectively gives the owner a ''long'' position in the given asset. The seller (or "writer") is obliged to sell the commodity or financial instrument to the buyer if the buyer so decides. This effectively gives the seller a ''short'' position in the given asset. The buyer pays a fee (called a premium) for this right. The term "call" comes from the fact that the owner has the right to "call the stock away" from the seller. Price of options Option values vary with the value of the underlying instrument over time. The price of the call contract ...
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Exotic Option
In finance, an exotic option is an option which has features making it more complex than commonly traded vanilla options. Like the more general exotic derivatives they may have several triggers relating to determination of payoff. An exotic option may also include a non-standard underlying instrument, developed for a particular client or for a particular market. Exotic options are more complex than options that trade on an exchange, and are generally traded over-the-counter. Etymology The term "exotic option" was popularized by Mark Rubinstein's 1990 working paper (published 1992, with Eric Reiner) "Exotic Options", with the term based either on exotic wagers in horse racing, or due to the use of international terms such as "Asian option", suggesting the "exotic Orient". Journalist Brian Palmer used the "successful $1 bet on the superfecta" in the 2010 Kentucky Derby that "paid a whopping $101,284.60" as an example of the controversial high-risk, high-payout exotic bets that ...
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Vanilla Software
In computer science, vanilla is the term used to refer when computer software and sometimes also other computing-related systems like computer hardware or algorithms are not customized from their original form, i.e., they are used without any customizations or updates applied to them. Vanilla software has become a widespread ''de facto'' industry standard, widely used by businesses and individuals. The term comes from the traditional standard flavor of ice cream, vanilla. According to Eric S. Raymond's The New Hacker's Dictionary, "vanilla" means more "default" than "ordinary". Examples of how to use "vanilla" in a sentence: * As one of the earliest examples, IBM's mainframe text publishing system BookMaster, provides a default way to specify which parts of a book to publish, called "vanilla", and a fancier way, called " mocha". * The term "vanilla" is sometimes also used for hardware components. For instance, in the 1990s non-upgraded Amiga home computers were called "(pl ...
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Vanilla Sex
Conventional sex, colloquially known as vanilla sex, is sexual behavior that is within the range of normality for a culture or subculture, and typically involves sex which does not include elements of BDSM, kink, or fetishism. Description What is regarded as conventional sex depends on cultural and subcultural norms. Among heterosexual couples in the Western world, for example, conventional sex often refers to sexual intercourse in the missionary position. It can also describe penetrative sex which does not have any element of BDSM, kink or fetish. The ''British Medical Journal'' regards conventional sex between homosexual couples as "sex that does not extend beyond affection, mutual masturbation, and oral and anal sex." In addition to mutual masturbation, penetrative sexual activity among same-sex pairings is contrasted by non-insertive acts such as intercrural sex, frot and tribadism, although tribadism has been cited as a common but rarely discussed sexual practice among le ...
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