A straddle is any set of offsetting positions on personal property. One example, is a put and call option on the same number of shares of a particular security, with the same exercise price and expiration date.
Definition of flack for English Language Learners. : a person whose job is to make people like or be interested in someone or something.
Definition of flaxen. 1  1 : made of flax. 2  2 : resembling flax especially in pale soft strawy color flaxen hair.