Examlex
The medium used to send information is called the
Settlement Date
The date on which a trade is finalized, and the buyer must make payment and the seller must deliver the asset.
Option Contract
A financial contract that gives the holder the right, but not the obligation, to buy or sell an underlying asset at a specified price within a certain period.
Right
In finance, the prerogative to buy or sell a security under specific conditions, often associated with options.
Specific Asset
An identifiable and tangible asset owned by a company, often critical to its operations or unique in nature, usually with specific investment criteria.
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