Examlex
The technical name for a savings account is a
Put Option Contracts
Financial contracts giving the owner the right, but not the obligation, to sell a specified amount of an underlying asset at a set price within a specified time.
Exercise Price
Also known as the strike price, it’s the specified price at which an option contract can be exercised, determining the price at which the underlying security can be bought or sold.
Option Price
The premium that must be paid by the buyer to the seller to acquire the rights that the option confers, without the obligation to buy (call) or sell (put) the underlying asset.
Treasury Bills
Short-term government securities issued at a discount from par value and pay no interest, maturing in a year or less.
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