Functioning and Real

noun

• Process or manner of functioning or operating.
  • usage: "the power of its engine determines its operation"; "the plane's operation in high winds"; "they compared the cooking performance of each oven"; "the jet's performance conformed to high standards"
  • synonyms: operation, performance

verb

• Perform as expected when applied.
  • usage: "The washing machine won't go unless it's plugged in"; "Does this old car still run well"; "This old radio doesn't work anymore"
  • synonyms: function, work, operate, go, run
• Serve a purpose, role, or function.
  • usage: "The tree stump serves as a table"; "The female students served as a control group"; "This table would serve very well"; "His freedom served him well"; "The table functions as a desk"
  • synonyms: serve, function
• Perform duties attached to a particular office or place or function.
  • usage: "His wife officiated as his private secretary"
  • synonyms: officiate, function

adjective

• Performing or able to perform its regular function.
  • usage: "a functioning flashlight"

noun

• Any rational or irrational number.
  • synonyms: real number
• The basic unit of money in Brazil; equal to 100 centavos.
• An old small silver Spanish coin.

adjective

• Being or occurring in fact or actuality; having verified existence; not illusory."real objects"; "real people; not ghosts"; "a film based on real life"; "a real illness"; "real humility"; "Life is real! Life is earnest- Longfellow
  • synonyms: existent
• No less than what is stated; worthy of the name.
  • usage: "the real reason"; "real war"; "a real friend"; "a real woman"; "meat and potatoes-I call that a real meal"; "it's time he had a real job"; "it's no penny-ante job-he's making real money"
• Not to be taken lightly.
  • usage: "statistics demonstrate that poverty and unemployment are very real problems"; "to the man sleeping regularly in doorways homelessness is real"
• Capable of being treated as fact.
  • usage: "tangible evidence"; "his brief time as Prime Minister brought few real benefits to the poor"
  • synonyms: tangible
• Being or reflecting the essential or genuine character of something.
  • usage: "her actual motive"; "a literal solitude like a desert- G. K. Chesterton; "a genuine dilemma"
  • synonyms: actual, genuine, literal
• Of, relating to, or representing an amount that is corrected for inflation.
  • usage: "real prices"; "real income"; "real wages"
• Having substance or capable of being treated as fact; not imaginary."the substantial world"; "a mere dream, neither substantial nor practical"; "most ponderous and substantial things- Shakespeare
  • synonyms: substantial, material
• Of property. ( fixed or immovable)
  • usage: "real property consists of land and buildings"
• Coinciding with reality."perceptual error... Has a surprising resemblance to veridical perception- F. A. Olafson
  • synonyms: veridical

adverb

• Used as intensifiers; `real' is sometimes used informally for `really'; `rattling' is informal.
  • usage: "she was very gifted"; "he played very well"; "a really enjoyable evening"; "I'm real sorry about it"; "a rattling good yarn"
  • synonyms: very, really, rattling

• (a.) Royal; regal; kingly.
• (n.) A realist.
• (a.) Relating to things, not to persons.
• (a.) True; genuine; not artificial, counterfeit or factitious; often opposed to ostensible; as, the real reason; real Madeira wine; real ginger.
• (a.) Actually being or existing; not fictitious or imaginary; as, a description of real life.
• (n.) A small Spanish silver coin; also, a denomination of money of account, formerly the unit of the Spanish monetary system.
• (a.) Having an assignable arithmetical or numerical value or meaning; not imaginary.
• (a.) Pertaining to things fixed, permanent or immovable, as to lands and tenements; as, real property, in distinction from personal or movable property.

Real is used in the context of general equities. (1) natural, (2) not dividend roll-or program trading-related; (3) not tax-related. "Real" indications have three major repercussions: a) pricing will be more favorable to the other side of the trade since an investment bank is not committing any capital; b) price pressure will be stronger if real since a natural buyer/seller may have information leading to his decision or more behind it, and c) an uptick may be required for the trader to transact if the indication is not real and the trader has no long position.