To understand what implied volatility (IV) is, you must first understand what volatility is. Volatility measures the amount that something changes (or in more fancy jargon, it measures the magnitude of change). For example...the price of gas is volatile.
Labor Organization Definition: A defined group of employees formed for the purposes of representing those employees with the employer as to the terms of a collective contract of employment. Related Terms: Union, Trade Union, Labor Union, Collective Bargaining, Disclaimer of Interest.
Definition of union: An organization of workers joined to protect their common interests and improve their working conditions. Definition of union: An organization of workers joined to protect their common interests and improve their working conditions. Use union in a sentence. â The union had negotiated the terms of the employees employment so there were no unclear or ambiguous issues that could arise.