Rectangularity and Box

noun

• The property of being shaped like a rectangle.
  • synonyms: oblongness

noun

• A (usually rectangular) container; may have a lid.
  • usage: "he rummaged through a box of spare parts"
• Private area in a theater or grandstand where a small group can watch the performance.
  • usage: "the royal box was empty"
  • synonyms: loge
• The quantity contained in a box.
  • usage: "he gave her a box of chocolates"
  • synonyms: boxful
• A predicament from which a skillful or graceful escape is impossible.
  • usage: "his lying got him into a tight corner"
  • synonyms: corner
• A rectangular drawing.
  • usage: "the flowchart contained many boxes"
• Evergreen shrubs or small trees.
  • synonyms: boxwood
• Any one of several designated areas on a ball field where the batter or catcher or coaches are positioned.
  • usage: "the umpire warned the batter to stay in the batter's box"
• The driver's seat on a coach.
  • usage: "an armed guard sat in the box with the driver"
  • synonyms: box seat
• Separate partitioned area in a public place for a few people.
  • usage: "the sentry stayed in his box to avoid the cold"
• A blow with the hand (usually on the ear. )
  • usage: "I gave him a good box on the ear"

verb

• Put into a box.
  • usage: "box the gift, please"
  • synonyms: package
• Hit with the fist.
  • usage: "I'll box your ears"
• Engage in a boxing match. .

• (v.t.) To boxhaul.
• (v.t.) To furnish with boxes, as a wheel.
• (n.) A tree or shrub, flourishing in different parts of the world. The common box (Buxus sempervirens) has two varieties, one of which, the dwarf box (B. suffruticosa), is much used for borders in gardens. The wood of the tree varieties, being very hard and smooth, is extensively used in the arts, as by turners, engravers, mathematical instrument makers, etc.
• (n.) A blow on the head or ear with the hand.
• (n.) A chest or any receptacle for the deposit of money; as, a poor box; a contribution box.
• (n.) The square in which the pitcher stands.
• (n.) A chamber or section of tube in which a valve works; the bucket of a lifting pump.
• (n.) An axle box, journal box, journal bearing or bushing.
• (n.) A space with a few seats partitioned off in a theater or other place of public amusement.
• (n.) A boxlike shed for shelter; as, a sentry box.
• (n.) The quantity that a box contain.
• (n.) A small country house.
• (v.t.) To inclose with boarding, lathing, etc., so as to bring to a required form.
• (n.) A present in a box; a present; especially a Christmas box or gift.
• (n.) A Mediterranean food fish; the bogue.
• (v.i.) To fight with the fist; to combat with or as with, the hand or fist; to spar.
• (n.) The driver's seat on a carriage or coach.
• (n.) A receptacle or case of any firm material and of various shapes.
• (v.t.) To strike with the hand or fist, especially to strike on the ear or on the side of the head.
• (v.t.) To inclose in a box.

Has two primary meanings. It can refer to an options strategy or an operations term. For the later, it is the safe, cabinet, or other physical depository for securities which is located in the back office. When' Box' refers to an to an options strategy it is the placement of both a bull and a bear spread. One spread is comprised of puts and the other is comprised of calls. Both spreads have the same expiration. It is an arbitrage technique which self-liquidates at expiration. Boxes can be executed as either debit or credit strategies.