MOOP n.— «We packed up and searched for MOOP on our campsite. MOOP is now part of my vocabulary. It stands for Matter Out Of Place. Part of the permitting process with the Bureau of Land Management includes leave-no-trace standards...
hot desk v.— «In a scheme that could be rapidly rolled out across Whitehall, all civil servants at the Department of Trade and Industry are to “hot desk”, a process beloved of management consultants, which will see mandarins...
smile n.— «A reference to the common shape of a graph of at- or out-of-the-money put and call implied volatilities for options with a common expiration date. The name comes from the fact that the furthest out of the money options...