Strips

The term strips has various meanings:

  • A financial option composed of one call option and two put options with the same strike price
  • A treasury security acronym for Separate Trading of Registered Interest and Principal of Securities, which are the securities obtained when trading the coupons and principal of bonds separately
  • STRIPS, an artificial intelligence system for automated planning
  • Comic strips
  • Chicken strips

Famous quotes containing the word strips:

    We should declare war on North Vietnam.... We could pave the whole country and put parking strips on it, and still be home by Christmas.
    Ronald Reagan (b. 1911)

    Women hate everything which strips off the tinsel of sentiment, and they are right, or it would rob them of their weapons.
    George Gordon Noel Byron (1788–1824)