Risk glossary



1) The probability distribution of a variable describes the probability of the variable attaining a certain value. The distribution assumed by an option pricing model is crucial to that model’s predictions, since it determines the likelihood of the option being exercised.

2) The delivery of electricity to the retail customer’s home or business from the main grid through low-voltage distribution lines. Low voltages range from 2,300 to 69,000 volts.

3) The delivery of gas from the city or plant to the customer.

* see also transmission facility

  • LinkedIn  
  • Save this article
  • Print this page  

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: