Examlex
A 5 percent increase in the price of pizza causes a 5 percent drop in the quantity of both pizza and beer sold. Beer and pizza must be complements.
Put Contract
A financial contract giving the holder the right, but not the obligation, to sell a specific amount of an underlying asset at a set price within a specific time.
Put Premium
The price that an investor pays for the right, but not the obligation, to sell a security at a specified price before a certain date.
Maximum Profit
The greatest possible gain that can be achieved from an investment, taking into account the cost basis and market conditions.
Stock Option
A financial derivative that gives the holder the right, but not the obligation, to buy or sell a stock at a predetermined price within a specific time period.
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