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Definition of "quant" []

  • Slang An expert in the use of mathematics and related subjects, particularly in investment management and stock trading. (noun)

American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

Use "quant" in a sentence
  • "For years, he has been a senior executive overseeing so-called quant trading within Goldman Sachs Asset Management, after helping launch that unit ' s computer-driven investing business in 1989."
  • "The so-called quant quake in 2007 hurt funds like Global Alpha as market volatility confounded computer-trading models."
  • "And though quants and risk managers played a central role exacerbating last year's financial crisis, 86% of those surveyed indicated their supervisors '"level of understanding of the job of a quant is the same or worse than it was a year ago," and 70% said the same about their institutions as a whole."