Examlex
What is the most important document to the shipper, carrier and buyer?
Option Contract
A financial contract that gives the buyer the right, but not the obligation, to buy or sell an asset at a specified price on or before a specified date.
Derivative Security
A financial instrument whose value is based on the value of another asset.
Economic Exposure
Long-term financial risk arising from permanent changes in prices or other economic fundamentals.
Cross-Hedging
Hedging an asset with contracts written on a closely related, but not identical, asset.
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