Examlex
The use of back-up equipment and employing other redundant systems are methods that do not constitute preventive maintenance.
Put Option
A financial contract giving the owner the right, but not the obligation, to sell a specified amount of an underlying asset at a set price within a specified time.
Call Option
A fiscal arrangement that permits the owner to optionally buy a stock, bond, commodity, or another asset at a pre-specified price within a certain period, without being obliged to do so.
Specified Price
A designated price set for the execution of a transaction in securities, contracts, or a commercial agreement.
Options Contract
A financial agreement granting the buyer the opportunity, but not the obligation, to buy or sell an asset at a specific price on or before a certain date.
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