Word: basket
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Dates: during 2000-2009
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...attempts to predict the volatility of the S&P 500 index over the next 30 trading days using options data from the index's 500 underlying stocks. Specifically, the VIX is a weighted average of the implied volatilities from a large basket of options. That may sound like an indecipherable description, but it basically means that it's a cumulative index of uncertainty. Of course, it only makes full sense if you know a bit about option pricing...
...goes by the ungainly name of special drawing right (SDR), and it is the currency not of some foreign rival but of the Washington-based and traditionally U.S.-dominated International Monetary Fund (IMF). It isn't even really its own currency, since it derives its value from a "basket" that contains dollars, euros, yen and pounds. (See 25 people to blame for the financial crisis...
...India's, and therefore a rival to Pakistan's strategic interests. The Obama Administration's exit strategy is unlikely to change that outlook. As long as Pakistan remains in conflict with India, the country's military establishment will be reluctant to "put all its eggs in the American basket," as a Pakistani analyst put it. (Read "Avoiding a Quagmire in Afghanistan...
...offshore oil and gas exploration is being considered in Alaska. In 2007, former President George W. Bush ended a long-standing executive ban on offshore oil drilling in Bristol Bay in the southeastern waters of the Bering Sea, potentially opening up what's been called America's "fish basket" to the fossil fuels industry. Although the Obama Administration has slowed the process, it hasn't stopped it - and Alaska's Republican Gov. Sarah Palin would be happy to "drill, baby, drill," especially as the declining price of oil diminishes state revenues. (Read "Drilling for Oil Way, Way Offshore...
...With 2:42 left in the game, Tay perfectly directed a nifty no-look pass to Markley, who turned around for an easy basket. Then, in Harvard’s final possession, Tay took the ball at the left baseline and hit nothing but net on her final shot in a Crimson uniform...