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Most checkable deposits are insured up to $250,000 by
Firm's Assets
The economic resources or valuable items owned by a company that are expected to provide future benefits.
Call Option
A financial contract that gives the buyer the right, but not the obligation, to buy a stock, bond, commodity, or other asset at a specific price within a specific time period.
Strike Price
The agreed-upon rate at which the possessor of an option may acquire (if it's a call option) or dispose of (if it's a put option) the underlying financial instrument or commodity.
Option
A financial derivative that gives the holder the right, but not the obligation, to buy or sell an asset at a specified price within a specified time.
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