Examlex
Punishing a child's misbehavior is most effective if there is a delay between the behavior and the
punishment so that the child has time to think about the consequence to come.
Right
In finance, typically refers to a contractual entitlement to purchase additional shares at a specified price before a certain date, often associated with share issuance.
Obligation
A legal or financial duty or responsibility to make payments, fulfill contracts, or otherwise perform as agreed.
Forward Contract
A customized contract between two parties to buy or sell an asset at a specified price on a future date, used to hedge or speculate on the price movement of the underlying asset.
Income Statement
A financial statement that shows a company's revenues, expenses, and profits over a specific period of time.
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