Examlex
According to the FBI's hierarchy rule, if a burglar breaks into a dwelling, steals a television, and commits a murder, which offense is recorded?
Call Contract
A financial contract that gives the buyer the right, but not the obligation, to buy a specified amount of an asset at a predetermined price within a specified time period.
Write
In finance, to sell an option contract, effectively creating a new option in the market.
Call Option
A financial contract that gives the buyer the right, but not the obligation, to buy an asset at a specified price within a specified period.
Premium
The amount paid for an option or insurance policy over its intrinsic value or the amount by which the price of a bond exceeds its face value.
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