Examlex
How can leaders help people find fair and ethical ways to resolve problems and conflict?
Expiration Date
In finance, this term often refers to the date on which a derivative contract, such as an option or futures contract, becomes void and ceases to trade.
Option Contract
A financial derivative contract that grants the buyer the right, but not the obligation, to buy or sell an asset at a specified price on or before a certain date.
Exercise Price
The price at which the holder of an option can buy or sell the underlying security.
European Calls
Options contracts that allow the buyer to purchase a stock or asset at a specific price on or before the expiration date, but only on that date.
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