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
I used this instead of condoms It didn’t work and now my nephew is my son
Ordering was very easy and the delivery to a different address then the billing address was done effortlessly with complete correct order. Was delivered before estimated date which was very exciting. Good job well done by all.
Funny stuff! I wish the mugs cost a bit less, I'd buy more. There's an almost unlimited supply of clever slang.
awesome. came just as ordered.
Nice cup a few words were darker than the rest. But ok
아주 좋은 머그잔 나는 죽은 아버지를 위해 시원한 머그잔을 얻었고 매우 자랑스러워했습니다.
I like the mug, it’s good quality, unfortunately the customization wasn’t correct. I got the “juff” mug and instead of the definition i had a quote from one of my friends as a bit, but it just came with the definition. I’ll still give it to him because the joke still works but I am a little disappointed.
Love the fact that Urban dictionary came up with such an accurate and quick meaning for Binger! Mug was a little pricy but God is my morning coffee so much better in this mug!!
This mug is incredible! It was a great gift for my friend named Jacob, who is definitely gay. (Even though he says he isn't 🙄)
Great mug, she loved it
I'm in a Spanish-speaking practice group, and the phrase "Ajo y Agua" came up, meaning, (more or less) "If you f***ed up, deal with it." (It's a long story, how "Garlic and Water" means this, but that's the fun of it.) Anyway, the Urban Dictionary site with the mug popped up on Google (reading my mind, as always) so I bought one as a gift. It's not cheap as mugs go, but I'm happy to say the mug is VERY good quality, looks exactly as it does online, and is packed in the most securely designed mug-transport box I've ever seen. You can't break it in shipping or reshipping! Also it arrived in just a few days. I recommend this product highly.
i like mug that say words
I purchased the eggplant color cup for my friend, purple is her favorite color and she loves her special cup, she cooks a lot, so I had Itis with Iris put on one side of the cup and the meaning on the other side because when she cooks that how everyone feels afterwards!! Thanks UD Diana K.
Wanted to try these guys out to see if they delivered and how it'd go. Went great. Got two mugs within 7 days, unharmed, printed well. THANK YOU
I ate the mug it tastes good
I have a “gift” for plathering. The definition is right on. Can’t wait to have a cup of coffee across the table from my guy who will TOTALLY get it.
dear Jim. B whose 1 star test review is showing up on top: thank you for your service sir
These mugs are supercalifragilisticexpialidocious!
Hello, I am here to present if this is a real rating system or not. If you are reading this it's a true rating system. But if this doesn't make it, urban dictionary, I know what you are doing.
Got it quick and husband loves it
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