Examlex
Which quality guru stated that "Quality is not only free, it is an honest-to-everything profi t maker."?
Call Contract
An agreement that gives the option buyer the right, but not the obligation, to buy a specified quantity of an asset at a predetermined price within a certain time frame.
Put Contract
A financial contract giving the holder the right, but not the obligation, to sell a specified amount of an underlying security at a specified price within a specified time.
Writer of a Call Option
The individual or entity that sells a call option and has the obligation to sell the underlying asset at the set strike price if the option is exercised.
Buyer of a Put Option
An investor who acquires the right, but not the obligation, to sell a specified amount of an underlying asset at a predetermined price within a set time frame.
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