Examlex
All of the following statements concerning the hydrologic cycle are true except
Settlement Date
The date on which a trade (purchase or sale of securities) is finalized, and the buyer must make payment while the seller delivers the securities.
Zero Sum Game
A situation in finance or economics where each participant's gain or loss is exactly balanced by the losses or gains of the other participants.
American Call Option
An option contract that gives the holder the right, but not the obligation, to buy an underlying asset at a specified price within a set period, anytime until the contract's expiration.
Agreed Upon Quantity
This is the quantity of goods that the buyer and seller have mutually agreed upon for a transaction.
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