_________ Let You Keep Track of Income and Expenses,write Checks,do

question 16

Essay

_________ let you keep track of income and expenses,write checks,do online banking,prepare taxes,and plan financial goals.

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Definitions:

Option Contract

A financial derivative that gives the buyer the right, but not the obligation, to buy or sell an underlying asset at an agreed-upon price within a certain period of time.

Futures Contract

A standardized legal agreement to buy or sell something at a predetermined price at a specified time in the future, typically traded on a futures exchange.

Futures Option

A financial derivative that gives the holder the right, but not the obligation, to buy or sell a futures contract at a specified price on or before a certain date.