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 love seeing my name of coffee mug ☕️ also they describer very well biiftu means sunshine 🌞 ♥️🙌🏽
i love this mug it made me so happy
Why soooo accurateee😩
I love seeing new products, this one is awesome!
It's a very good idea and I'm so glad ☺
Veryfast ship in todays world...nice quality mug....will be buying more
Gave it to my uncle and he rewarded me with a wet kiss. Best gift ever!
mug gud, got it for my gf but mug just made her pregananant. Help pliz mug says its going after my thicc mum next. pliz send help
I love the personalized mug I got from you! I never thought there were mugs available like the one I got and it's going to make the BEST holiday gift! Thank-you!!
My friend and I added a word ! Gotta get merch of it now. Thanks for the coffee mug!
Easy to order quality mug.
It’s cute and wasn’t broken when it shipped. Just smaller than expected
I got it in the mail. then The next day it was sleeping with My non Existant Gf
I thought this mug was a bear.
it is pretty good but not all of it describes me god bless all Nevaeh's
i love it i love this mug my boyfriend got this for me as a gift i love it very much i highly recommend this for you or a loved one it is very good i am planning to get my mans one on his birthday i hope he will love it thanks guys for listening
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This was a phrase my husband and I made up even we first started dating. We laughed so hard while submitting it. The mug is perfect!
Urban Dictionary. Mixes truth with lies. Keeps a record. Thanks for the truthful parts, bro. 🙏💪✝️
I wish I had this mug I SOOOO wish I had this mug! I never find anything that has my name on it unless I have it custom made. I'm actually quite surprised that 'Lani' is on the Urban Dictionary... And the definition is pretty accurate ;)
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