Black Box


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Black Box

1. Any complex investment strategy or model. In general, a black box involves a computer using complicated formulas to achieve returns in the desired way. Because an investor may not understand the model (and may not be able to do so), a black box can lead to unforeseen problems. See also: Black box syndrome.

2. In Islamic finance, a strategy that allows one to invest funds in a Sharia-compliant way but still link the returns to non-compliant investments. Using a black box is very controversial and some Islamic finance scholars reject it as un-Islamic.
References in periodicals archive ?
The company also offers a monthly naughty black box subscription service for $29.
Once the black box is designed, the main task of the insurance company is to allow easy access to the consumer.
We have a number of customers who have requested Black Box technologies.
In addition to the increased five-year warranty coverage on most remanufactured phones, Black Box Resale Services continues to provide a standard two-year warranty period on most other repaired and remanufactured equipment.
Innovative partners like Black Box are an important part of Aspect's go-to-market strategy and evangelizing the real business value our unified communications solutions can bring to the enterprise," said Tom Chamberlain, director of sales readiness, Aspect.
We are honored by the selection of Black Box to provide a state-of-the-art, service delivery solution and continue our partnership with the Miami-Dade Aviation Department," stated Mr.
The benefits of the NCAP include assurance that Black Box Network Services will maintain the infrastructure and staff to keep its commitments to its large Nortel customer base, and ensure its experienced technical expertise will be accessible when needed to resolve problems.
I am delighted for our catalog team and for Black Box," said Black Box Publication Services Manager Julia Leigh, who accepted the award.
Black Box will pay the dividend through its transfer agent, American Stock Transfer & Trust Company, 59 Maiden Lane, New York, NY 10038.
PITTSBURGH -- Black Box Corporation (NASDAQ:BBOX) has mailed the 2007 edition of the BLACK BOX([R]) Catalog.