Examlex
Assimilation is the process by which consumers come to learn a culture other than their natural, native culture.
Exercise
The action of implementing or executing a right or option, such as the act of buying or selling an asset under the terms of an options contract.
Option Strike Price
The strike price is the set price at which an option contract can be bought or sold when it is exercised.
Option Contract
A financial derivative that gives the buyer the right, but not the obligation, to buy or sell an underlying asset at a set price within a specific period.
European Option
A type of option contract that can only be exercised at the expiration date, not before.
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