smile
n.— «This has direct consequences for the dynamics of the volatility smile observed on option markets.» —by Jean-Philippe Bouchaud, Marc Potters Theory of Financial Risk and Derivative Pricing Dec. 11, 2003. (source: Double-Tongued Dictionary)
Further reading
It was a dark and stormy night. So begins the long and increasingly convoluted prose of Edwards Bulwer-Lytton’s best-known novel. Today the annual Bulwer-Lytton Contest asks contestants for fanciful first sentences that are similarly...
After hearing our conversation about how dictionaries decide on a preferred pronunciation, and specifically about how to pronounce aioli, Vern from San Diego, California, wrote to say that a friend once made fun of him for pronouncing grimace with a...