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Dispatch and Bundle

noun

verb

  • Send away towards a designated goal.
  • Complete or carry out.
    • usage: "discharge one's duties"
  • Kill intentionally and with premeditation.
    • usage: "The mafia boss ordered his enemies murdered"
  • Dispose of rapidly and without delay and efficiently.
    • usage: "He dispatched the task he was assigned"
  • Kill without delay.
    • usage: "the traitor was dispatched by the conspirators"

noun

  • A collection of things wrapped or boxed together.
  • A package of several things tied together for carrying or storing.
  • A large sum of money (especially as pay or profit. )
    • usage: "she made a bundle selling real estate"; "they sank megabucks into their new house"

verb

  • Make into a bundle.
    • usage: "he bundled up his few possessions"
  • Gather or cause to gather into a cluster.
    • usage: "She bunched her fingers into a fist"
  • Compress into a wad.
    • usage: "wad paper into the box"
  • Sleep fully clothed in the same bed with one's betrothed.
  • (v.i.) To prepare for departure; to set off in a hurry or without ceremony.
  • (n.) A number of things bound together, as by a cord or envelope, into a mass or package convenient for handling or conveyance; a loose package; a roll; as, a bundle of straw or of paper; a bundle of old clothes.
  • (v.t.) To send off abruptly or without ceremony.
  • (v.i.) To sleep on the same bed without undressing; -- applied to the custom of a man and woman, especially lovers, thus sleeping.
  • (v.t.) To tie or bind in a bundle or roll.

Bundle is a Strip (q. V.,#2) of consecutive, quarterly Eurodollar or Euroyen futures contracts. Markets, such as Simex offer a Bundle as a convenient package of futures contracts, without the execution risk inherent in building up the Strip, contract by contract. A trader can use Bundles and Packs (q. V.) to implement bets on the change in shape of the Forward Curve.