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Explain the importance of family in Chinese organized crime.
Put Option
A financial agreement granting the holder the option, but no requirement, to sell a certain quantity of an underlying asset at a predetermined price during a defined period.
Forward Contract
An individualized agreement for the purchase or sale of an asset at an agreed-upon price on a specific future date between two parties.
Swap Contract
Swap Contract is a financial agreement to exchange cash flows or other financial instruments between two parties at specified future dates.
Interest Rate Floor
A derivative contract that provides a minimum interest rate protection to investors, ensuring rates do not fall below a specified level.
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