Match Each Abbreviation with Its Meaning

question 39

Multiple Choice

Match each abbreviation with its meaning.
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• A)ID
• B)qid
• C)pt
• D)ac
• E)NKDA
• F)tsp
• G)Os
• H)po
• I)hr
• J)pc
• K)tid
• L)q3h
• M)n
• N)g
• O)qh
• P)IV
• Q)NPO
• R)prn
• S)stat
• T)NS
• U)bid
• V)SL
• W)sol

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Definitions:

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.

Call Contract

An agreement that gives the holder the right, but not the obligation, to buy a specified amount of an underlying asset at a predetermined price within a specific time frame.

Bushels Of Corn

A unit of measure used in the US for trading and valuing corn, with one bushel equivalent to 56 pounds.

Option Contract

A financial derivative that represents a contract sold by one party to another, offering the buyer the right, but not the obligation, to buy (call) or sell (put) a security at an agreed-upon price within a certain period of time.