Examlex
From Benjamin Libet's experiments on timing conscious will,it appears that:
Exercise Price
The rate at which an individual holding an option can acquire (if it's a call option) or offload (if it's a put option) the fundamental asset.
Option Expiration
The predetermined date on which an option contract becomes invalid and the right to exercise it no longer exists.
Interest Rate Collar
A financial derivative strategy used to hedge against interest rate fluctuations by setting upper and lower bounds on interest rates.
Variable Rate
An interest rate that can change over the period of a loan or mortgage based on underlying benchmark interest rates or indices.
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