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What Is a Digital Certificate

question 17

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What is a digital certificate?


Definitions:

Call Option

A financial contract that gives the buyer the right, but not the obligation, to buy an asset at a specified price within a certain period of time.

Put Option

A financial contract giving the holder the right to sell a specified amount of an underlying asset at a set price before a certain date.

GM Stock

Equity shares issued by General Motors Company, a major automotive manufacturer based in the United States.

Strike Price

The predetermined price at which the holder of a options contract can buy (in the case of a call option) or sell (in the case of a put option) the underlying asset.

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