Definition of the word spread bet

Pronunciation of vocabulary spread bet

spread betnoun

cược chênh lệch

/ˌspred ˈbet//ˌspred ˈbet/

Origin of the word spread bet

The term "spread bet" originated in the UK in the 1970s as a new type of financial trading product. It came about as a result of the increased popularity of betting and spread betting companies trying to find new income streams beyond traditional sports betting. Spread betting, also known as financial spread betting, differs from other forms of financial trading in that the trader is not buying or selling the underlying asset, but instead is wagering on its predicted movement. Bets, or spreads, are placed at the beginning of a trading period, and profits or losses are determined by how closely the predicted movement matches the actual price movement of the asset. The term "spread betting" refers to the fact that a range of prices, called the spread, is quoted for the asset. The trader's goal is to predict whether the actual price at the end of the trading period will fall above or below this spread. If the trader's prediction is accurate, they win the bet; if it is not, they lose the bet. Spread betting differs from other financial trading methods, such as buying or selling stocks, in a few key ways. First, no actual stocks or other assets are involved in spread betting. Second, spread betting is usually done on a short-term basis and can be done on various types of assets, including stocks, bonds, currencies, and commodities. Third, spread bets are typically compounded, meaning that profits and losses are calculated and credited or debited in full at the end of each trading period. In summary, the term "spread bet" refers to a type of financial trading product that originated in the UK in the 1970s as a result of the increasing popularity of betting and spread betting companies looking for new income streams beyond traditional sports betting. Spread betting involves predicting the movement of an asset's price within a quoted spread, with profits or losses determined by how closely the predicted movement matches the actual price movement of the asset.

Example of vocabulary spread betnamespace

  • The news of the company's financial difficulties spread quickly among investors, causing a steep drop in stock prices.

    Tin tức về khó khăn tài chính của công ty lan truyền nhanh chóng trong giới đầu tư, khiến giá cổ phiếu giảm mạnh.

  • Rumors about the celebrities' romantic involvement spread like wildfire on social media, creating widespread speculation.

    Tin đồn về mối quan hệ lãng mạn của những người nổi tiếng lan truyền nhanh chóng trên mạng xã hội, tạo nên nhiều đồn đoán.

  • The virus spread rapidly through the community, leaving many people sick in its wake.

    Virus lây lan nhanh chóng trong cộng đồng, khiến nhiều người bị bệnh.

  • The smell of barbeque wafted through the air, spreading a tempting aroma that drew people from nearby homes and yards.

    Mùi thịt nướng lan tỏa trong không khí, tạo nên mùi thơm hấp dẫn thu hút mọi người từ những ngôi nhà và sân gần đó.

  • As the wildfire approached, the flames spread quickly through the dry vegetation, fueled by strong winds.

    Khi đám cháy rừng tiến gần, ngọn lửa lan nhanh qua thảm thực vật khô, được gió mạnh thổi bùng.

  • The story of the inventor's new product spread like wildfire through the industry, drawing attention and interest.

    Câu chuyện về sản phẩm mới của nhà phát minh này lan truyền nhanh chóng trong ngành, thu hút sự chú ý và quan tâm.

  • The aroma of freshly brewed coffee filled the kitchen, spreading its inviting scent throughout the house.

    Mùi thơm của cà phê mới pha tràn ngập căn bếp, lan tỏa hương thơm hấp dẫn khắp nhà.

  • The laugh of the child spread joy and merriment through the classroom, lightening the mood of even the quietest students.

    Tiếng cười của đứa trẻ lan tỏa niềm vui và sự phấn khởi khắp lớp học, làm tươi sáng tâm trạng của ngay cả những học sinh ít nói nhất.

  • The storm clouds gathered, spreading a foreboding atmosphere that threatened to bring downhail and high winds.

    Những đám mây giông tụ lại, lan tỏa bầu không khí đáng sợ đe dọa mang theo mưa đá và gió mạnh.

  • The triumphant chord in the final movement of Beethoven's Symphony No. produced an exhilarating feeling that spread through the audience, echoing and reverberating throughout the hall.

    Hợp âm chiến thắng trong chương cuối của Bản giao hưởng số 1 của Beethoven đã tạo nên cảm giác phấn khích lan tỏa khắp khán giả, vang vọng khắp hội trường.

Words, synonyms, related vocabulary spread bet

Comment ()