martingale

  1. Noun.  A piece of harness used on a horse to keep it from raising its head above a desired point.
  2. Noun.  (nautical) A spar, or piece of rigging that strengthens the bowsprit.
  3. Noun.  (mathematics) A stochastic process relating random variables to earlier values.
  4. Noun.  A gambling strategy in which one doubles the stake after each loss.
  5. Noun.  (fencing) A strap attached to the sword handle, preventing a sword being dropped if disarmed.

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This entry was last updated on RefTopia from its source on 3/20/2012.