Examlex
Prior to 1980, few firms raised funds directly by issuing junk bonds.
Fair Value
The revenue generated from offloading an asset or the sum paid to handle a liability in an orderly market dealing at the point in time of evaluation.
Exercise Price
The exercise price is the price at which the holder of an option can buy (in the case of a call option) or sell (in the case of a put option) the underlying asset.
Share Options
Rights granted by a company to its employees or executives that allow them to buy shares of the company at a specified price for a specified period.
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