Examlex
Following the assassination of Martin Luther King Jr., there was widespread civil unrest. While some protested peacefully, others looted and burned down stores. This unrest would be best described as a panic.
Put Option
A financial contract giving the holder the right, but not the obligation, to sell a specific amount of an underlying asset at a set price within a specific time.
Warrant
An instrument that gives the holder the right, but not the obligation, to buy or sell a certain asset at a specified price prior to or on a specific date.
Exercise Price
The specified price at which the option holder can buy (in the case of a call option) or sell (in the case of a put option) the underlying asset.
Firm's Assets
Resources owned by a company that have economic value and can be used to meet its financial obligations or invest in its operations.
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