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
Related: Acid-test ratio


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