Examlex
When it is necessary for a patient with osteoarthritis to use a cane to lessen the strain on a joint, always examine cane tips to be certain that they are not dangerously worn.
Convertible Bond
A bond that offers the option to be exchanged for a specific quantity of the issuing company's stock at chosen intervals throughout its tenure, generally at the choice of the person holding the bond.
Call Option
A financial contract giving the buyer the right, but not the obligation, to buy an asset at a specified price within a certain period.
Common Stock
Equity ownership in a corporation, giving holders voting rights and a residual claim on corporate earnings via dividends.
Option's Value
The intrinsic and time value associated with an options contract, determining its worth on the market.
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