Examlex
In Utilities Corp., workers are paid an amount of money for each unit made with a predetermined standard. Which of the following types of pay plan is used by Utilities Corp.?
Options
Financial derivatives that provide the holder the right, but not the obligation, to buy or sell an asset at a predetermined price on or before a specific date.
ETFs
Exchange-Traded Funds are investment funds traded on stock exchanges, much like stocks, and hold assets such as stocks, commodities, or bonds.
NAV
Net Asset Value; the total value of a fund's assets minus its liabilities, usually expressed as a price per share.
Wilshire 5000 Index
A market-capitalization-weighted index of the market value of all US-based stocks actively traded in the United States.
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