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European Terms

Definitions

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Michiko
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European terms is a foreign exchange quotation convention where the quantity of a specific currency is quoted per one U.S. dollar.
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European Terms meaning & definition 1 of European Terms.

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Torturer is a Death/Thrash metal band, formed in 1989 in Santiago, Chile. The band is one of only a few Chilean bands recognized beyond the borders of its own country.
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Honky-tonk refers to two things:

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Long-Term Capital Management L.P. (LTCM) was a highly-leveraged hedge fund. In 1998, it received a .6 billion bailout from a group of 14 banks, in a deal brokered and put together by the Federal Reserve Bank of New York.LTCM was founded in 1994 by John Meriwether, the former vice-chairman and head of bond trading at Salomon Brothers. Members of LTCMs board of directors included Myron Scholes and Robert C. Merton, who three years later in 1997 shared the Nobel Prize in Economics for having developed the Black–Scholes model of financial dynamics.LTCM was initially successful, with annualized returns (after fees) of around 21% in its first year, 43% in its second year and 41% in its third year. However, in 1998 it lost .6 billion in less than four months due to a combination of high leverage and exposure to the 1997 Asian financial crisis and 1998 Russian financial crisis. The master hedge fund, Long-Term Capital Portfolio L.P., collapsed soon thereafter, leading to an agreement on September 23, 1998, among 14 financial institutions for a .65 billion recapitalization under the supervision of the Federal Reserve. The fund was liquidated and dissolved in early 2000.LTCM can also be described as using an absolute return strategy in combination with high leverage.
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Vitiation refers to the action of spoiling, impairing, corrupting or making something ineffective, typically in the context of legal contracts or agreements. A contract, for instance, can be vitiated if there was a mistake, misrepresentation or fraud involved in its formation, rendering it invalid or unenforceable. In broader terms, vitiation can also refer to the process of corruption or degradation.

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