Complex sentence: First introduced by Mark Garman in an article "Semper tempus fugit" published in 1989 by Risk Publications, this name was designed to represent a quantity used in binomial trees to estimate American options.
Split into simpler sentences: First introduced by Mark Garman in an article "Semper tempus fugit" published in 1989 by Risk Publications. This name was designed to represent a quantity used in binomial trees to estimate American options.