Match the Term with the Definition

question 37

Multiple Choice

Match the term with the definition.
-Engineered by Henry Clay, this 1820 congressional agreement paired Missouri's entrance into the Union as a slave state with Maine as a free state and established Missouri's southern border as the permanent line dividing slave from free states.

• A)battle of New Orleans
• B)battle of Tippecanoe
• C)Creek War
• D)Embargo Act of 1807
• E)feme covert
• F)Harford Convention
• G)impressment
• H)Lewis and Clark expedition
• I)Louisiana Purchase
• J)Marbury v. Madison
• K)Missouri Compromise
• L)War Hawks

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Definitions:

Call Contract

A financial contract that gives the buyer the right, but not the obligation, to buy a specified amount of an asset at a predetermined price within a specified time period.

Write

In finance, to sell an option contract, effectively creating a new option in the market.

Call Option

A financial contract that gives the buyer the right, but not the obligation, to buy an asset at a specified price within a specified period.

Premium

The amount paid for an option or insurance policy over its intrinsic value or the amount by which the price of a bond exceeds its face value.