Examlex
Explain the four applications of modifier -51.
Call Option
A financial contract that gives the holder the right, but not the obligation, to buy a specified amount of an underlying asset at a predetermined price within a specified time frame.
Convertible Bond
A type of bond that can be converted into a predetermined number of the issuer's equity shares.
In the Money
A term used in options trading indicating that the option has intrinsic value.
Call
An option contract giving the owner the right, but not the obligation, to buy a specified amount of an underlying asset at a set price within a specified time.
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