Examlex
A price spread (or vertical spread) involves buying and selling an option for the same stock and expiration date but with different exercise prices.
Refurbishment
The process of cleaning, decorating, and re-equipping to make something look new or to restore it to good condition.
Revenue Variance
The difference between a company's actual revenue and its budgeted or projected revenue over a given period.
Budgeting
The process of creating a plan to spend your money, which involves estimating revenues and expenses over a specified future period.
Fixed Costs
Costs that do not change with the level of output or sales in the short term.
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