Differentiation
From ACT Wiki
1. Markets
In markets, differentiation means identifying or creating significant differences between related goods or services.
Differentiation is usually undertaken to enable charging higher prices for higher quality differentiated goods or services.
2.
More generally, any process of identifying significant differences, for the purposes of treating or regulating different things in appropriately different ways.
3. Financial maths
The process of calculating a derivative formula or value, for an example an option's delta formula.