- setup
- Applies mainly to convertible securities ( convertible security). arbitrage involving going long the convertible and short a certain percentage of the underlying common. Antithesis of Chinese hedge. Bloomberg Financial Dictionary
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Ⅰ.setup UK US (also set-up) /ˈsetʌp/ noun► [C, usually singular] the process of starting a business, project, service, etc.: »When planning a project, always allow enough time for the set-up.
»The initial setup of the new equipment took longer than expected.
► [C, usually singular] the way in which something is organized: »Under the new setup the department will have full responsibility for its own finances.
► [C] all the equipment or machines necessary for a particular purpose: »The PC in your office can become part of the home-audio setup in your den.
► [C] INFORMAL a situation in which people are tricked: »This whole thing smells like a setup to me.
Ⅱ.setup UK US (also set-up) /ˈsetʌp/ adjective [before noun]► (UK also setting-up) relating to the start of a business, project, service, etc.: »When installing new programs, please refer to the setup manual.
»We are still in the set-up phase of the project.
Financial and business terms. 2012.