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 Tee
Great looking t-shirt. Good quality. Printing looks good.
Cool I didn’t order anything I just have a lot of free time and not a lot of hobbies
Fun and soft.
Good stuff! Although, I do have a sneaking suspicion that this is cursed. You see, whenever i dawn this top-teir, soft, stylish shirt - I proceed to pass out within 46 seconds. The mere act of making contact with the material insues the process of this countdown starting. If I do not quit contact, i will lose conciousness the exact moment the countown hits 0. And when I regain clarity, I find myself in a bathtub - never mine, but a bathtub nevertheless. In the bathtub, there is always various colours of hairdye. I then have to go back home, shirt stained with dye. Very fashionable though! 10/10
Smooth transaction and nice product, shipping was quick!
good very good worth money!
5 out of 5 I love when people start reading the definition. It's halourious
10/10 yes much good 10/10 would buy again
Fit is true to size, good quality material. Graphics applied well (not off-center or angled as with some products). Quick shipment.
gooderesting the gooderesting thing ever made
Got it for a friend! He loved it
Size was accurate, and printed text was as displayed online. Doesn't hurt that the material is pretty soft either.
mine says "ass" on it lol
Good Decent, comfortable by all means
My wife bought this for me, my only thing about the shirt, is the big Vernon on the front. I think I would prefer it situated and smaller type as if overva pocket. Other than that I love it. Seems to be of good quality and easy wearability, but I have only tried it on, so am uncertain. Thank you for making my day
shirt made me cum
Dick Aww man I love this shirt for eating
people shat on my shirt that said shart and im mad they took a shit on it instead of a shart
Necero's shirt i can use this in almost every phrase. This shirt allows me to do some great stuff with my kids and grandkids! i'd love for anyone who says same to get this shirt!
Bad! Why is this T-shirt named shitty fucking??What a bad name it is!Recommend?Never!😡
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Size Guide
Measurements may vary by up to 2" (5 cm). Pro tip: Measure one of your t-shirts at home and compare!
A - Length
Measure from the top of the collar to the bottom hem
B - Width
Measure across the chest from armpit to armpit
Size Chart
| Size | Length | Width |
|---|---|---|
| XS | 27" | 16½" |
| S | 28" | 18" |
| M | 29" | 20" |
| L | 30" | 22" |
| XL | 31" | 24" |
| 2XL | 32" | 26" |
| 3XL | 33" | 28" |
| Size | Length | Width |
|---|---|---|
| XS | 69 cm | 42 cm |
| S | 71 cm | 46 cm |
| M | 74 cm | 51 cm |
| L | 76 cm | 56 cm |
| XL | 79 cm | 61 cm |
| 2XL | 81 cm | 66 cm |
| 3XL | 84 cm | 71 cm |