Second-order derivative: Difference between revisions

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{{g}}In which the JC has made up some swap talk, inexpertly cribbing from actual terms used in actual calculus, about which the JC knows 0.  
{{g}}In which the [[JC]] has made up some risk-management jargon, inexpertly cribbing from actual terms used in actual calculus, about which the [[JC]] knows 0. So, apologies in advance, but don’t be upset if I’ve made a balls-up of this.  


In risk management, the [[first-order derivative]] of an event “ƒ” is the effect that event would have, were it to actually happen in the practical world.  
In risk management, the [[first-order derivative]] of an event “ƒ” is the effect that event would have, were it to actually happen in the practical world.