Diff

(redirected from Unidiff)
Also found in: Dictionary, Encyclopedia.

Diff

Short version of Euro rate differential, which is a Chicago Mercantile Exchange Futures contract that is founded on the interest rate spread between the U.S. dollar and the British pound, the German mark, or the Japanese yen.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Diff

A futures contract traded on the Chicago Mercantile Exchange where the underlying asset is the interest rate spread between the U.S. dollar and either the British pound or the Japanese yen. The German mark has been used as well. A diff can be used to hedge foreign exchange risk. See also: Interest rate parity.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
The CSF model in this case gives an excellent fit to the data--but the UNIDIFF model still produces a marginally significant improvement.
(22) Moreover, even if it were to be taken at face value, viewing it alongside the series of parameters estimated for 1972 to 1992--when UNIDIFF does not improve on CSF--would still make it difficult to believe in any unidirectional change over the whole period covered.
It can be seen that, for 1973 to 1992, there is, as with men, some significant, if rather slight, deviation from the CSF model, but that, in contrast to the case with men, the UNIDIFF model does quite clearly improve on CSF and in fact gives an acceptable fit to the data.
As things stand, table 3 shows that for the 1991-2005 data the UNIDIFF model fails to make any improvement on the CSF model which itself does not provide an entirely satisfactory fit.
Full browser ?