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Fugit

Fugit logo #10101) Flies at the forum 2) Mathematical finance 3) What tempus does
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Fugit

Fugit logo #21000 In mathematical finance, the fugit is the optimal date to exercise an American or Bermudan option. It is useful to compute it for hedging purpose. == Origin == First introduced by Mark Garman in an article `Semper tempus fugit` published in 1989 by Risk Publications. The Latin term `tempus fugit` means `time flies` and Mark Garman suggested ...
Found on http://en.wikipedia.org/wiki/Fugit
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