Noun: martingale 'maa(r)-t(i)n,geyl
- A harness strap that connects the nose piece to the girth; prevents the horse from throwing back its head
"The rider adjusted the martingale to ensure better control of the horse"
- Spar under the bowsprit of a sailing boat
"The sailor adjusted the rigging connected to the martingale";
- dolphin striker
- (statistics) a stochastic process in which the conditional expectation of the next value, given the current and preceding values, is the current value
"The mathematician used a martingale to model the fair gambling process"
Derived forms: martingales
Type of: saddlery, spar, stable gear, stochastic process, tack
Part of: harness
Encyclopedia: Martingale