Examlex
Match each term with its definition.
-Any type of business (small,large,entrepreneurial,or professional) ,nonprofit entity,or governmental office
Strike Price
The specified price at which an options contract can be executed, determining the buying or selling price of the underlying asset.
Option Contract
A contract which grants the buyer the right, but not the obligation, to buy or sell an underlying asset at a set price within a specific time period.
Underlying Asset
The specific financial instrument (e.g., stock, bond, commodity) on which a derivative's value is based.
Puts
A type of option contract that gives the holder the right, but not the obligation, to sell a specified amount of an underlying asset at a predetermined price within a specific time frame.
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