Plain vanilla is an
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.
Tra ...
describing the simplest version of something, without any optional extras, basic or ordinary. In analogy with the common
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 str ...
flavour
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 p ...
, which became widely and cheaply available with the development of artificial
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 ...
flavour.
Certain
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 ...
s, such as
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 s ...
s or
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 ...
s, are often described as ''plain vanilla'' options. The opposite of plain vanilla options are
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 opt ...
s.
[Plain vanilla o]
www.investopedia.com
See also
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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 c ...
, 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)
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