Examlex
Which statement A-D about ionic solids is not correct?
Option Contract
A financial contract that gives the holder the right, but not the obligation, to buy or sell an underlying asset at a specified price within a certain period.
Right
In finance, the prerogative to buy or sell a security under specific conditions, often associated with options.
Specific Asset
An identifiable and tangible asset owned by a company, often critical to its operations or unique in nature, usually with specific investment criteria.
Swap Contract
A swap contract is a financial derivative agreement between two parties to exchange sequences of cash flows for a set period of time.
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