Examlex
The phenomenal growth of video sharing websites such as YouTube is an example of how Moore's Law can impact the business environment.
Short Hedges
Occur when futures contracts are sold to guard against price declines.
T-bills
Treasury bills, short-term debt obligations issued by the government with a maturity of less than a year, considered risk-free.
Option
A financial derivative that gives the holder the right, but not the obligation, to buy or sell an asset at a set price within a specific period.
Firm Completion
A commitment to finish a project or deliver a product by a specified date.
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