Examlex
Instructions: Identify the following. Be as specific as possible, and include names, dates, and relevant facts as appropriate. Be sure to explain the significance of the person or term.
W. E. B. Du Bois
Interest Rate
The amount charged by lenders as a percentage of the principal, representing the cost of borrowing money.
Put Option
A legal document that grants the possessor the option to offload a specified quantity of a specific asset at a fixed price during a defined period, without any mandatory commitment to sell.
Expiration
The end of the life of a financial instrument or contract, after which it must either be settled by delivery of the underlying assets or closed.
Dividend Paying
A characteristic of companies that regularly distribute a portion of their profits to shareholders.
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