Examlex
What was "enlightened" about the reforms put into place by the so-called enlightened absolutists (or enlightened despots) of the eighteenth century? How did they draw on Enlightenment ideals in their conception of rule and governance? What principles remained "absolutist" under their reign?
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.
Strike Call
A term that is likely confused with "call option," which is a financial contract giving the buyer the right, but not the obligation, to buy a stock or other asset at a predetermined price (the strike price) within a specific time frame.
Interest Rate
The fee, in the form of a percentage of the principal, that a lender requires from a borrower for the usage of assets.
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