Examlex
To what extent can the media influence government and elected officials?
Asian Call Option
A type of call option where the payoff depends on the average price of the underlying asset over a specified period rather than at maturity.
Underlying Asset
The financial asset upon which derivative contracts, such as options and futures, are based.
Exercise Price
The price at which the holder of an option can buy or sell the underlying security or commodity.
Convertible Bonds
Bonds that can be converted into a predetermined number of the company's equity shares at certain times during the bond's life, usually at the discretion of the bondholder.
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