Decrease and Strip

noun

• A change downward.
  • usage: "there was a decrease in his temperature as the fever subsided"; "there was a sharp drop-off in sales"
  • synonyms: lessening, drop-off
• A process of becoming smaller or shorter.
  • synonyms: decrement
• The amount by which something decreases.
  • synonyms: decrement
• The act of decreasing or reducing something.
  • synonyms: diminution, reduction, step-down

verb

• Decrease in size, extent, or range.
  • usage: "The amount of homework decreased towards the end of the semester"; "The cabin pressure fell dramatically"; "her weight fell to under a hundred pounds"; "his voice fell to a whisper"
  • synonyms: diminish, lessen, fall
• Make smaller.
  • usage: "He decreased his staff"
  • synonyms: lessen, minify

• (v.t.) To cause to grow less; to diminish gradually; as, extravagance decreases one's means.
• (v.) A becoming less; gradual diminution; decay; as, a decrease of revenue or of strength.
• (n.) To grow less, -- opposed to increase; to be diminished gradually, in size, degree, number, duration, etc. or in strength, quality or excellence; as, they days decrease in length from June to December.
• (v.) The wane of the moon.

noun

• A relatively long narrow piece of something.
  • usage: "he felt a flat strip of muscle"
• Artifact consisting of a narrow flat piece of material.
  • synonyms: slip
• An airfield without normal airport facilities.
  • synonyms: airstrip, flight strip, landing strip
• A sequence of drawings telling a story in a newspaper or comic book.
  • synonyms: comic strip, cartoon strip, funnies
• Thin piece of wood or metal.
• A form of erotic entertainment in which a dancer gradually undresses to music.
  • usage: "she did a strip right in front of everyone"
  • synonyms: striptease, strip show

verb

• Take away possessions from someone.
  • usage: "The Nazis stripped the Jews of all their assets"
  • synonyms: deprive, divest
• Get undressed.
  • usage: "please don't undress in front of everybody"; "She strips in front of strangers every night for a living"
  • synonyms: undress, discase, uncase, unclothe, strip down, disrobe, peel
• Remove the surface from.
  • usage: "strip wood"
• Remove substances from by a percolating liquid.
  • usage: "leach the soil"
  • synonyms: leach
• Lay bare.
  • usage: "denude a forest"
  • synonyms: denude, bare, denudate
• Steal goods; take as spoils.
  • usage: "During the earthquake people looted the stores that were deserted by their owners"
  • synonyms: plunder, despoil, loot, reave, rifle, ransack, pillage, foray
• Remove all contents or possession from, or empty completely.
  • usage: "The boys cleaned the sandwich platters"; "The trees were cleaned of apples by the storm"
  • synonyms: clean
• Strip the cured leaves from.
  • usage: "strip tobacco"
• Remove the thread (of screws. )
• Remove a constituent from a liquid.
• Take off or remove.
  • usage: "strip a wall of its wallpaper"
  • synonyms: dismantle
• Draw the last milk (of cows. )
• Remove (someone's or one's own) clothes.
  • usage: "The nurse quickly undressed the accident victim"; "She divested herself of her outdoor clothes"; "He disinvested himself of his garments"
  • synonyms: undress, divest, disinvest

• (v.i.) To take off or become divested of, clothes or covering; to undress.
• (v.t.) To tear off the thread from (a bolt or nut); as, the bolt is stripped.
• (n.) A narrow piece or one comparatively long; as, a strip of cloth; a strip of land.
• (v.t.) To pass; to get clear of; to outstrip.
• (v.t.) To remove the metal coating from (a plated article), as by acids or electrolytic action.
• (n.) The issuing of a projectile from a rifled gun without acquiring the spiral motion.
• (v.t.) To remove fiber, flock or lint from; -- said of the teeth of a card when it becomes partly clogged.
• (v.t.) To dismantle; as, to strip a ship of rigging, spars, etc.
• (v.t.) To deprive; to bereave; to make destitute; to plunder; especially, to deprive of a covering; to skin; to peel; as, to strip a man of his possession, his rights, his privileges, his reputation; to strip one of his clothes; to strip a beast of his skin; to strip a tree of its bark.
• (v.t.) To deprive of all milk; to milk dry; to draw the last milk from; hence, to milk with a peculiar movement of the hand on the teats at the last of a milking; as, to strip a cow.
• (v.t.) To divest of clothing; to uncover.
• (v.t.) To pick the cured leaves from the stalks of (tobacco) and tie them into "hands"; to remove the midrib from (tobacco leaves).
• (v.t.) To tear off (the thread) from a bolt or nut; as, the thread is stripped.
• (v.t.) To pull or tear off, as a covering; to remove; to wrest away; as, to strip the skin from a beast; to strip the bark from a tree; to strip the clothes from a man's back; to strip away all disguisses.
• (n.) A trough for washing ore.
• (v.i.) To fail in the thread; to lose the thread, as a bolt, screw or nut. See Strip, v. t., 8.
• (v.t.) To pare off the surface of, as land, in strips.

1. A Straddle (q. V.) plus another one of the Put Options. 2. A portfolio of similar options, but with different expiration dates and each with an underlying that depends on the expiration date. E. G., an Interest Rate Cap is a' strip' of Call Options on LIBOR for consecutive, nonoverlapping accrual periods. 3. A cash flow at a single date, stripped from a note or bond. The Strip could be all or part of either a coupon payment or a principal payment.