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Quality option
Also called the swap option, the seller's choice of deliverables in Treasury Bond
and Treasury note futures contract
. Related:
cheapest to deliver issue
Quality spread
Also called credit spread, the spread
between treasury securities
and non-Treasury securities that are identical in all respects except for quality rating. For instance, the difference between yields on treasuries
and those on single A-rated industrial bonds.
Quick ratio
Indicator of a company's financial strength (or weakness). Calculated by taking current assets
less inventories, divided by current liabilities
. Also called the Acid Test ratio.
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