List and Describe Three Main Capabilities or Tools of a DBMS

question 84

Essay

List and describe three main capabilities or tools of a DBMS.

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Definitions:

Option Contract

A contract giving the buyer the right, but not the obligation, to buy or sell an underlying asset at a set price on or before a given date.

Forward Contract

A customized contract between two parties to buy or sell an asset at a specified future date for a price agreed upon today.

Futures Contracts

Standardized legal agreements to buy or sell something at a predetermined price at a specified time in the future, often used for commodities or financial instruments.

Troy Oz

A unit of measure for precious metals, where one troy ounce equals approximately 31.1035 grams.