Tranched Value Security (TVS)
(FINANCE) patent pending a financial derivative that splits the value of underlying asset in various proportions, each of which has a specific seniority level (less senior cannot be executed before the senior one). It allows the owner to claim either fixed monetary value or variable value share of underlying asset, depending on the specific Tranched Value Security's seniority. A Tranched Value Security (TVS) allows one to get a risk and return exposure to the specific level of underlying asset price risk, as opposed to previously existent derivatives that allowed to do so with the entire asset price only. Within such design of financial security, owner of TVS is able to reap significant profits by taking limited risk. One could issue a Senior and Junior Tranched Value Securities, each having a variable value share of 50%, and fixed value share of $40, backed by (say) one Bitcoin when it's price was $100. If consequentially the Bitcoin price declines to $80, the Senior TVS would remain at $50 (0% return), while the Junior TVS would become $30 (-40% return). With subsequent price correction to $110 per one Bitcoin, both TVSs would have a claim of 50% of market price ($55), making the return of Senior TVS +10%, and return for Junior TVS +83%.
The Urban Dictionary Mug
Exactly as I ordered it. Shipping was perfect, got updates, accurate date of delivery, and no damage. This is a gift for my little brother.
i was put on a list for buying this mug. 10/10 would recommend
Great customer service and was a fun surprise for an inside joke to a coworker. 😊
Nice cup! Seems to be a quality piece.
This mug reminds me of when I was happy. When I was a wee little winker enjoying the wonders of this life!
The, "Wenomechainsama" Mug has amazing quality and an amazing definition! Can't belive my child's generation is so funny! Love - Sharen, 55, On facebook !<3
this mug reminds me of my cat, it does nothing and cant pour me a nice cup of joe. It is horrible, it doesn't tell nor does it allow me sip on it. It stops me from drinking from it, its like the mug is trying to torture me.
love this mug! Goes perfect with the Morbius meal.
Had no idea my name had a definition!!
Bought for an inside joke. Perfect.
i love the schizophrenia mug its amazing
This cute mug reminded me of a quote from an obscure biography I found quite by accident in a tiny hole-in-the-wall 2nd hand shop in Portland, ME in 1987: 'The Life and Times of Lazarus of Bethany'. Quote: " We are all walking wounded held together by the scars of our forbearance and the charity of our sisters and brothers." Truer words have never been said.
Love it . Its me down to a T
unlike most mug customization, you can say whatever the fuck you want. Bravo!
i liked that the mug had my name on it and a funny definition, i will definitely buy some for my friends(with their names of course).
I bought it as sort of a gag gift for my son and his new girlfriend and they loved it
I haven't even bought it, it smells nice
nice quality, vivid image
What's funny is the saying that everyone searched for is the one that popped up on the cup. So all the weird gross sayings that people are commenting on are completely out of context to everyone seeing their comment.
I would buy a morbillion of these mugs.
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