When We Say That Languages Differ in Their Degree of Differentiation

question 11

Multiple Choice

When we say that languages differ in their degree of differentiation of semantic domains, we mean that:

• A) speakers of different languages think about words in different ways
• B) speakers of different languages use different words to express themselves, but think in similar ways
• C) there are more words in a given domain in some languages than in others
• D) it is fundamentally impossible to translate certain words and expressions from one language to another

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Definitions:

Premium

The amount by which the price of a security, especially a bond or insurance policy, exceeds its principal amount or face value.

American-Style Option

A type of options contract that can be exercised at any time before expiration, offering more flexibility than European-style options.

European-Style Option

An option contract that can only be exercised on its expiration date, not before.

Call Option

A financial contract that gives the buyer the right, but not the obligation, to buy an asset at a specified price (strike price) within a specific time period.