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differential |
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Differential The amount of adjustment of the delivery location and grade of deliverables that a futures contract permits. Also known as "allowance. " Notes: Some futures contracts allow the short position to adjust the location of the delivery and/or the grade of commodity being delivered. The permitted differentials are set in relation to a central location or the par basis grade.
Differential A small charge added to the purchase price and subtracted from the selling price by the dealer for odd-lot quantities.
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Dividing the real value of each channel of an experimental spectrum measured with the high incident energy by the corresponding channel in the graph of the correction factor provides a spectrum whose the shape is corrected for the differential absorption within the analyzed wavelength domain. |
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