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The Fact That Members of Labor Unions Often Have Higher

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The fact that members of labor unions often have higher wages than workers who are not members of a union is proof that the marginal productivity theory of income distribution is not valid.


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Maturity Date

The date on which a financial obligation or investment becomes due for payment.

American Calls

Options contracts that allow the buyer to exercise the option to buy the underlying asset at the strike price at any time before expiration.

Option Expiration

The date on which an options contract becomes void and the holder no longer has rights for which it provides.

Shares

Units of ownership interest in a corporation or financial asset that provide for an equal distribution in any profits, if any are declared, in the form of dividends.

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