Examlex
The Chicago Board of Trade (CBT) uses conversion factors to correct for differences in deliverable bonds.
Put Option
It's a financial arrangement granting someone the choice, but excluding the duty, to dispose of an allocated quantity of an essential asset at a certain value within an allotted interval.
Buyer
An individual or entity that purchases goods or services in a transaction.
Strike Price
The specified price at which an options contract can be exercised.
European Put Option
A financial contract that gives the holder the right, but not the obligation, to sell a specified asset at a predetermined price before or at a specified expiration date, exercisable only at the expiration.
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