combination

Definition 1

Accounting: Amalgamation of two or more distinct firms into a single accounting entity.

Definition 2

Mathematics: Arrangement in which the order or sequence of the items comprising a group is unimportant. In contrast, permutation is an arrangement where their order or sequence is critically important.

Definition 3

Options trading: Arrangement involving two long positions (a long call and a long put) or two short positions (a short call and a short put) with different expiration dates and exercise prices.


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