Examlex
Not all activities labeled non-value-added are totally wasteful, nor can they be totally eliminated.
Put Option
A financial derivative that gives the holder the right, but not the obligation, to sell a specified amount of an underlying asset at a set price within a specified timeframe.
Call Option
A financial contract giving the buyer the right, but not the obligation, to buy a specified amount of an underlying asset at a predetermined price within a set timeframe.
Swap Contract
A financial agreement between two parties to exchange sequences of cash flows for a set period according to specified terms.
Option Contract
A contract that gives the holder the right, but not the obligation, to buy or sell an asset at a predetermined price within a specific time period.
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