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Passcode and Combination

noun

  • A collection of things that have been combined; an assemblage of separate parts or qualities.
  • A coordinated sequence of chess moves.
  • A sequence of numbers or letters that opens a combination lock.
    • usage: "he forgot the combination to the safe"
  • A group of people (often temporary) having a common purpose.
    • usage: "they were a winning combination"
  • An alliance of people or corporations or countries for a special purpose (formerly to achieve some antisocial end but now for general political or economic purposes. )
  • The act of arranging elements into specified groups without regard to order.
  • The act of combining things to form a new whole.

Applies to derivative products. Arrangement of options involving two long or two short positions with different expiration dates or strike (exercise) prices. See: Straddle.