ATM Skimming Involves the Use of Electronic Devices or Cameras

question 39

True/False

ATM skimming involves the use of electronic devices or cameras to copy personal information from a bank card or a bank card's magnetic strip.

---

Definitions:

Exercise Price

Another term for strike price, specifically the price at which an option or warrant can be executed.

Put Option

An agreement allowing the owner the option, yet not the requirement, to sell a predetermined quantity of a foundational asset at an agreed price during a defined period.

Call Option

A financial contract giving the buyer the right, but not the obligation, to buy an underlying asset at a predetermined price within a specific time period.

Stock Price

Stock Price is the cost of a single share of a company's stock, which is determined by the supply and demand for it in the marketplace.