Cheap is a term used in relative value analysis. The cash flow characteristics, when analyzed against a benchmark or comparison bond, suggest an under-valued security. This implies that the former security has arbitrage potential against the comparative security.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). cheap. Retrieved September 22, 2026, from http://smartdefine.org/cheap/definitions/1149830 |
| Chicago | Barry Goldsmith. 2010. "cheap" http://smartdefine.org/cheap/definitions/1149830 (accessed September 22, 2026). |
| Harvard | Barry Goldsmith 2010, cheap, Smart Define, viewed 22 September, 2026, <http://smartdefine.org/cheap/definitions/1149830>. |
| MLA | Barry Goldsmith. "cheap" 21 October 2010. Web. 22 September 2026. <http://smartdefine.org/cheap/definitions/1149830> |