Examlex
Explain how language can shape attitudes.
Expiration Date
The set date on which a derivative contract such as an option or futures expires or ceases to exist.
Put Option
A legally binding agreement that enables an individual to choose, though not be forced, to offload a specific volume of an underlying asset at a predetermined rate before a particular deadline.
Acquisition Price
The total cost incurred to acquire an asset, including the purchase price and associated expenses.
Premium
An amount paid in addition to a standard rate, often associated with insurance costs, options trading, or higher quality services and products.
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