Finance:Plain vanilla

From HandWiki
Short description: Expression and metaphor

Plain vanilla is an adjective describing the simplest version of something, without any optional extras, basic or ordinary.[1] In analogy with the common ice cream flavour vanilla, which became widely and cheaply available with the development of artificial vanillin flavour.[2] Certain financial instruments, such as put options or call options, are often described as plain vanilla options. The opposite of plain vanilla options are exotic options.[3]

See also

  • Vanilla software, computer software which is not customized.
  • Vanilla sex, sexual behavior which a culture regards as standard or conventional.

References

  1. plain vanilla in The American Heritage® Dictionary of the English Language: Fourth Edition. 2000. "Informal Lacking adornments or special features; basic or ordinary: “plain vanilla stock options; a plain vanilla wardrobe.”"
  2. Hilden, Katri; Robinson, Tim; Currie, Lee; Hutchinson, Emma (2006). Iced: 180 Very Cool Concoctions. Murdoch Books. p. 15. ISBN 978-1-74045-818-4. https://books.google.com/books?id=02YG2aTL89MC. Retrieved 4 April 2013. "Vanilla has become a synonymous with 'plain'- perhaps most vanilla ice cream is flavoured with fake vanilla extract" 
  3. Plain vanilla on www.investopedia.com