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- Title
A PROPOSAL FOR PRECISE DEFINITIONS OF "TRADING ON THE EQUITY" AND "LEVERAGE": COMMENT.
- Authors
DILBECK, HAROLD
- Abstract
The author responds to an article by Pearson Hunt entitled "A Proposal for Precise Definitions of Trading on the Equity and Leverage," published in the September 1961 issue. He feels that Hunt's definitions of the terms "trading on the equity" and "leverage" are incomplete. The article also discusses the appropriateness of the measurement of trading on the equity, presents an analysis employing the trading on the equity measurement, and supplies mathematical formulations of the leverage measurement.
- Subjects
FORUMS; DEFINITIONS; EQUITY (Law); FINANCIAL leverage; JARGON (Terminology); MATHEMATICAL models of finance
- Publication
Journal of Finance (Wiley-Blackwell), 1962, Vol 17, Issue 1, p127
- ISSN
0022-1082
- Publication type
Article
- DOI
10.2307/2977690