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How did the European single currency evolve?
Abandonment Option
In project management and investment, the option to cease further investment or project development if returns do not meet a certain threshold.
Put Option
A financial contract giving the holder the right, but not the obligation, to sell a specified amount of an underlying asset at a specified price within a specified time.
Real Option
A real option refers to the choice or flexibility a company has to make business decisions, such as expanding, deferring, or abandoning a project based on changes in market conditions.
Exploratory Wells
Wells drilled to find and evaluate new oil or gas fields or to explore unproven areas of known fields.
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