martingale


Definition: Meaning of, martingale in English to English dictionary.

Pronunciation: / ˈmɑːtɪŋɡeɪl /

  • noun
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  • antonym
Word Forms:
Singular Plural
martingale martingales
  1. a harness strap that connects the nose piece to the girth; prevents the horse from throwing back its head
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  2. spar under the bowsprit of a sailing boat
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  3. statistics a stochastic process in which the conditional expectation of the next value, given the current and preceding values, is the current value
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