event driven

Definitions

Banking

  • adjective
    (written as event-driven)
    activated by, and designed to profit from, a certain event, such as a merger, bankruptcy or takeover

Computing

Electronics

  • (written as event-driven)
    Pertaining to programs which wait for user actions, such as mouse clicks and key pressings, responds to them, and then returns to waiting for further events. This contrasts with procedure-driven, in which a predetermined sequence of steps must be followed. 2. A specific program which is event-driven (1). Also called event-driven program.

Investing

  • A reactive strategy in hedge fund management to act efficiently in reacting to potential future scenarios, such as the success of a merger or the downgrade of a sector on volatile news reports. Event driven investing and hedging is performed with the goal of a proactive response with little downtime.
  • adjective activated by, and designed to profit from, a certain event, such as a merger, bankruptcy or takeover
http://www.dictionarycentral.com/definition/event-driven.html