Examlex
The fact that all Canadian students have equal access to primary and secondary schooling means they have equal opportunities to succeed in school.
Call Option
A financial agreement that grants the purchaser the option to acquire an asset at a predetermined price during a defined period, without being obligated to do so.
Obligation
A commitment or requirement to perform or refrain from performing some action in the future.
Buy
The act of acquiring ownership in a financial asset or good, often with the expectation that its value will increase over time.
Basis Risk
Basis Risk is the risk that the price difference between a futures contract and the underlying asset will widen or narrow, impacting hedging strategies.
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