Examlex
Dishwashers typically have an air gap built in after the water supply valve as well as a secondary air gap on the discharge side.
American Option
A type of options contract that allows holders to exercise their right to buy or sell the underlying asset at any time before the expiration date.
European Option
A type of financial derivative that gives an investor the right, but not the obligation, to buy or sell an asset at a specified price on the option's expiration date.
Warrant
A financial instrument that gives the holder the right, but not the obligation, to buy a company's stock at a specific price before a certain date.
Convertible Bond
A financial instrument that can be transformed into a certain number of the issuer's shares at various points in its existence, most often per the discretion of the individual possessing the bond.
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