Examlex
The lower bound of a put option premium is the greater of zero and the difference between the exercise price and the spot rate; the upper bound of a currency put option is the exercise price.
Promotion
The advancement of an employee to a position of higher responsibility and pay within an organization.
Switchblade
A type of knife with a folding or sliding blade contained in the handle which is opened by a spring when a button or lever on the grip is pressed.
Frequency Rate
A metric often used in health and safety to quantify the number of accidents or incidents within a given period relative to the total number of hours worked.
Work-Related Injuries
Injuries or illnesses that occur as a result of actions undertaken in the performance of a job or while on the job.
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