Examlex
Which of the following groups was provided technology access to community services through the Self-Help Community Services Project in Flushing, New York?
Call Premium
The amount by which the call price of a bond or other security exceeds its face value, often applicable when the security is called before maturity.
Out-of-the-money
A term used in options trading referring to an option that has no intrinsic value. For a call option, it means the stock price is below the strike price; for a put option, it means the stock price is above the strike price.
Call Option
A financial contract that gives the holder the right, but not the obligation, to buy a stock, bond, commodity, or other asset at a specified price within a specific time period.
In-the-money
Describes an option that has intrinsic value, where a call option's strike price is below the market price of the underlying asset, or a put option's strike price is above it.
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