Level


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Level

Used in the context of general equities. Price measure of an indication.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
References in classic literature ?
The corridor, too, was flooded to the same depth, for its floor was on a level with the floor of the chamber from which it led, nor was there any perceptible rise for many yards.
We got front seats, and while the train moved along about fifty yards on level ground, I was not the least frightened; but now it started abruptly downstairs, and I caught my breath.
Its level (the manometer showed) could only be the same as the outside level, for there must necessarily be a communication between the lake and the sea.
But he may come from behind, stealing up; and we are dead men if we do not keep our hands as though about to fire, at the level of our eyes, in front!"
As soon as I reached comparatively level ground I urged my mount into a canter and continued this, where the going permitted, until, close upon dusk, I discovered the point where other tracks joined those of Powell.
In the spring, when the streams are swollen by rain and by the melting of the snows, the lake rises several feet above its ordinary level during the summer, it gradually subsides again, leaving a sparkling zone of the finest salt upon its shores.
We may, I think, safely conclude that sediment must be accumulated in extremely thick, solid, or extensive masses, in order to withstand the incessant action of the waves, when first upraised and during subsequent oscillations of level. Such thick and extensive accumulations of sediment may be formed in two ways; either, in profound depths of the sea, in which case, judging from the researches of E.
He raises physical nature to the level of human thought, giving it thereby a mystic power and expression; he subdues man to the level of nature, but gives him therewith a certain breadth and vastness and solemnity.
My one great danger now lay in returning to the upper levels in search of Perry and Ghak, but there was nothing else to be done, and so I hastened upward.
Now a corridor turned gradually and almost imperceptibly in a new direction, again one doubled back upon and crossed itself; here the floor rose gradually to the level of another story, or again there might be a spiral stairway down which the mad prince rushed dizzily with his burden.
The level plains of arid shingle suppor the same stunted and dwarf plants; and in the valleys th same thorn-bearing bushes grow.
Every winter the liquid and trembling surface of the pond, which was so sensitive to every breath, and reflected every light and shadow, becomes solid to the depth of a foot or a foot and a half, so that it will support the heaviest teams, and perchance the snow covers it to an equal depth, and it is not to be distinguished from any level field.