A term that is used to describe the purpose of something, usually a solution in response to a particular problem.

The term ‘ad hoc’ is Latin in origin and loosely translates ‘to this’ but implies ‘for this purpose.’ The term is popular in political and computer programming circles where the meaning is limited to describing specific issues and possible solutions to said issues. Thus, ad hoc is generally used as an indicative term for a subject matter and whatever has been developed to resolve this issue.

An ad hoc measure for day trading, for example, would be a trading strategy designed particularly for day trading and not other types of trading. Similarly, Naive Bayes can be presented as an ad hoc solution for effective crypto bot trading instead of simply listing the different bot trading strategies.

The key and location of a wallet on the blockchain that is represented by complex strings of text.

An address is a combination of alphabetic characters and numbers that serves as identification for a user’s wallet on the blockchain. With this address, a user can send crypto assets from their wallet or receive them from other users. Thus, addresses serve the same identificational purpose on blockchains as they do in real life. However, blockchain addresses are computerized nodes that double as encrypted access keys.

The blockchain/cryptocurrency application of addresses is also very similar to how computers identify themselves on networks. This is why every wallet address on the blockchain looks complicated to users but is a requirement for users to carry out transactions on the network.

A good example of an address is 5DYx8h4U7giphsvhtwo9pa01gafvaeo75ak.

An investment strategy deployed by fund managers designed to maximize profits and outperform a designated benchmark.

Active management implies a hands-on, engaged type of portfolio management. The investor or portfolio manager tracks the market and makes decisions to sell, retain or purchase assets based on subjective analytical assessments of market trends.

The goal in active management is to perform better than a given asset index such as the S&P 500 over a specific timeframe.

Ad Hoc

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