Examlex
Which of the best phrases best captures the meaning of the multi-media principle?
Option
A financial derivative that gives the buyer the right, but not the obligation, to buy or sell an asset at a specified price on or before a certain date.
Money
A medium of exchange, unit of account, and store of value that facilitates transactions and measures the value of goods and services.
Worthless
Describes an item that has no value, utility, or financial gain.
Exercise Price
The specified price on an option contract 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.
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