Examlex
The maximum cost recovery method for all personal property under MACRS is 150% declining balance.
Open Interest
The total number of outstanding derivative contracts, such as options or futures, that have not been settled.
Clearinghouse Positions
The role of a clearinghouse in ensuring the settlement of transactions by acting as an intermediary between buyers and sellers in the financial markets.
Specified Delivery
A term used in futures contracts to denote the specific delivery specifications such as quality, quantity, and delivery location that must be met by the seller.
S&P 500 Index
A market-capitalization-weighted index of 500 of the largest publicly traded companies in the U.S., used as a benchmark for the overall stock market performance.
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