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________ Are Tiny Computer Programs That Allow People to Create

question 3

Multiple Choice

________ are tiny computer programs that allow people to create and insert professional-looking content into their personal websites and onto their TV screens.


Definitions:

Option Contract

A financial contract that allows the purchaser the option, without any compulsory enforcement, to purchase or dispose of a base asset at an agreed-upon price, either on or prior to a predetermined date.

Exercise Price

The rate at which an option contract's holder has the right to purchase (for a call option) or dispose of (for a put option) the fundamental asset.

Strike Price

The predetermined price at which a call option can be purchased or a put option can be sold upon exercise.

Debt

Money that is owed or due to be paid to someone else, typically as loans or bonds.

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