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Explore clear definitions, everyday examples and lesson contexts.
Showing 10 of 10 matching terms
A protection that, where applicable, restricts specified liability beyond the relevant trading-account funds under the governing rules and terms.
Example: In a hypothetical protected arrangement, a negative trading result may be treated differently from an unrestricted debt; the exact coverage must be checked.
Keep in mind: It does not prevent ordinary trading losses, and eligibility depends on the entity, product and customer classification.
The difference between long and short holdings for a specified category and dataset under its definitions.
Example: Invented longs of 30 contracts and shorts of 20 give a net +10; 40 longs and 30 shorts also give net +10.
Keep in mind: An unchanged net can hide changes on both gross sides; contracts do not necessarily count different people.
The result after including the relevant costs and signed adjustments under a clearly stated calculation method.
Example: An invented 5-unit price result less a separate 1-unit charge gives a 4-unit net result, with all other adjustments assumed zero.
Keep in mind: Keep the cost convention consistent so a spread or fee is not counted twice.
An accounting arrangement that combines transactions in the same instrument into a net position under the account’s rules.
Example: A demo long of 1,000 units followed by a 600-unit sale leaves a 400-unit long in a simple netting example.
Keep in mind: Selling more than the existing long can create short exposure rather than simply close it.
The blockchain carrying a transfer. For an ordinary transfer on one blockchain, confirm that the destination supports the exact network and asset. Bridged or other cross-network routes introduce additional steps and risks; matching names or logos is insufficient.
Example: A parcel needs the correct destination and delivery service. A crypto transfer must use a network and asset the recipient supports, as well as the correct address and any required tag.
Keep in mind: Confirm the exact network, supported asset, destination and required tag. Matching token names or address formats alone is insufficient.
A token with its own unique ID, recorded on a blockchain, that shows which address holds that particular item.
Example: Owning a numbered collectible receipt does not automatically transfer the artist's copyright. An NFT identifies a token; separate documents decide any associated intellectual property rights.
Keep in mind: Token ownership does not automatically transfer copyright, ownership of an associated physical item or continuing access to a file.
A recorded decision not to open a position because a rule, account condition or unresolved issue prevents the action.
Example: A chart candidate qualifies, but the demo day’s prewritten gate has been reached, so the learner records no new action.
Keep in mind: Choosing no action can be process-correct; it is not automatically a missed learning opportunity.
A number in the block header that miners change freely. Each new nonce gives ordinarily a different hash, like printing a new ticket.
Example: A miner changes a header number to try a different hash. In Ethereum, an account transaction nonce has a different role: sequence and replay control. Keep the Bitcoin context visible.
Keep in mind: Here the definition describes the Bitcoin mining nonce. An account transaction nonce on Ethereum is a different use of the term.
The face-value reference amount of a position, expressed in named units or converted into a stated currency.
Example: An invented 1,000 EUR-unit exposure at 1.10 USD per EUR has a 1,100 USD notional equivalent.
Keep in mind: Notional is not margin, cash paid, profit or the planned stop loss.
A reference value describing the exposure represented by a derivatives position. For a simple linear contract, quantity times contract multiplier times the stated reference price gives notional; other contract designs use different conventions.
Example: For an invented linear position covering 0.2 BTC at USD 50,000 each, the reference notional is USD 10,000. Contract specifications and the chosen price basis must be stated; notional is different from margin.