Interpolated Price

Definition

Interpolated Price. A price determined by interpolation between available price figures, using some algorithm or curve.

Uses an algorithm to interpolate a price from two observed prices. Examples include price derived by interpolation between prices e.g. between Bid and Offer (among others). also includes Yield Curves and implied forward curves. That is, interpolation may either be linear (straight line interpolation between two values) or may be expressed as a non linear curve such as a yield curve or an implied forward curve.

Disclaimer

This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.