Examlex
Which example illustrates how "maximum likelihood" is used by systematists?
Cash Settlement
The provision of some futures contracts that requires not delivery of the underlying assets but settlement according to the cash value of the asset.
Stock Index Futures
Financial contracts that obligate the buyer to purchase or the seller to sell a stock index at a predetermined price on a specified future date.
Delivery
The process of transporting goods from a seller to the purchaser's designated location, or the act of fulfilling an obligation or promise.
Long Position
A financial strategy where the investor purchases a security with the expectation that its value will rise over time.
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