Entertainment / Ballet / Plie: Literally 'bent'. A smooth and continuous bending of the knees. This can be grand-plie, a bend to the deepest position where the heels lift off the floor. For demi-plie the dancer bends knees until just below the classical hips while maintaining turn-out at the joints, allowing the thighs and knees to be directly above the line of the toes.
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Business / Finance / Implied Volatility: The rate that a seller of a futures contract can earn by buying an issue and then delivering it at the settlement date. Related: Cheapest to deliver issue. MORE
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