martingale
Use Martingale in a sentence
tnˌgeɪl noun
1.
Also called standing martingale. part of the tack or harness of a horse, consisting of a strap that fastens to the girth, passes between the forelegs and through a loop in the neckstrap or hame, and fastens to the noseband: used to steady or hold down the horse's head. See illus. under harness.
2.
Also called running martingale. a similar device that divides at the chest into two branches, each ending in a ring through which the reins pass.
3.
Nautical. a stay for a jib boom or spike bowsprit.
4.
a system of gambling in which the stakes are doubled or otherwise raised after each loss.
Origin:
1580–90; < Middle French: kind of hose fastened at the back, allegedly < Provençal martegalo, feminine of martegal, inhabitant of Martigue, town in SE France, though sense apparently influenced by Spanish almártaga harness < Arabic al-martaʿah the vein
1580–90; < Middle French: kind of hose fastened at the back, allegedly < Provençal martegalo, feminine of martegal, inhabitant of Martigue, town in SE France, though sense apparently influenced by Spanish almártaga harness < Arabic al-martaʿah the vein
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2013.
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Based on the Random House Dictionary, © Random House, Inc. 2013.
Cite This Source
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Link To martingale
00:10
Martingale
is always a great word to know.
So is doohickey. Does it mean:
| a fool or simpleton; ninny. |
| a gadget; dingus; thingumbob. |
Collins
World English Dictionary
martingale (ˈmɑːtɪnˌɡeɪl) ![[Click for IPA pronunciation guide]](http://static.sfdict.com/dictstatic/g/d/dictionary_questionbutton_default.gif) | |
| —n | |
| 1. | a strap from the reins to the girth of a horse preventing it from carrying its head too high |
| 2. | any gambling system in which the stakes are raised, usually doubled, after each loss |
| 3. | nautical Also called: martingale boom |
| a. a chain or cable running from a jib boom to the dolphin striker, serving to counteract strain | |
| b. another term for dolphin striker | |
| [C16: from French, of uncertain origin] | |
Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
Cite This Source
Example sentences
The term is a convexity adjustment that converts into an exponential martingale.
Under a risk-neutral measure, the price of any security discounted by the money market account isa martingale.
Nearby Words
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