### values:

Intrinsic value
* are values.
* is based on private market transactions and discounted cash flow valuations
  - simply the difference between the spot price and the strike price
* is the built-in value of an option
  - difference between the option strike price and the underlying futures price
  - extent to which an options exercise price is below the current market price
  - value of the option relative to the underlying futures price
* necessarily variable data point that depends on one's individual return needs.
* reflects the amount, if any, by which an option is in the money.

Vanadium compound
* are used in advanced ceramics.
* can cause severe liver damage.

### vanilla-scented:

White candle
* go through a mechanical whitening process that contains no chemicals.
* is vanilla-scented.

Variability
* Much variability exists in the composition of similar organic materials.
* Some variability is on the time scale of decades to hundred of years.
* affects values.
* arises from something outside of the domain that psychology is intended to explain.
* biological fact.
* central feature of the gamma-ray sky.
* comes into play a lot in wind turbines.
* contributes to diversity.
* description of the tails of our curve - that is of the spread of scores.
* has effects.
* helps in the survival of the fittest.
* increases chances.
* is also important to know about when gathering and analyzing data.
* is an illusion of dimension
  - inherent aspect of our world
  - integral part of biology
  - associated with eddies, phenomena similar to weather patterns in the atmosphere
  - governed by many unknown laws, more especially by that of correlation of growth
  - greatest in winter compared to the other seasons
  - high in the regions of low rainfall
  - measured by evaluating discrete sites in a field over time
  - normal, especially for humans
  - observed at a wide variety of periods
  - present in machines, materials, methods, people, environment, and measurements
  - random error that affects the ability to reproduce results
* is the degree to which scores in a distribution are spread out
  - law of life
  - raw material for natural selection
  - result of human error in comprehending it
* refers to the actual variation of exposure conditions, intake, etc, in a population
  - spread of dispersion of the data
  - uncertainty in a supply chain
* reflects differences.
* relates to differences.
* shapes behavioral generalization functions in humans and animals.

### variability:

Climate variability
* appears to be mediated by landscape pattern
  - sensitive to the mean state of the climate system
* captures disaster, abundance, and the adaptation of society.
* tends to have the greatest impact on people who are landless, poor, or isolated.

Genetic variability
* exists between all individuals to one degree or another
  - in everyone
* is essential to the process of evolution and the formation of new species
  - important for a number of reasons
  - produced in meiosis as a result of crossing over and independent assortment
  - required for natural selection to occur
  - vital to preserving the species
* provides the raw material for natural selection and thus, evolution.

Spatial variability
* is high, with large gradients surrounding the maxima.
* refers to the range of the resource across a given region.

Uncontrollable variability
* influences the yield of each variety.
* is involved in the determination of yield average.