Examlex
What is the name given to the body of law created by court decisions rendered by judges?
Predetermined Price
A price agreed upon by all parties in a financial contract or transaction, set before any exchanges are made.
Security
A financial asset signifying either an equity stake in a corporation that's publicly traded (known as stock), a debt investment in a company or government (referred to as a bond), or entitlements to ownership through an option.
Put Option
This is a financial deal that permits the carrier to optionally sell a specified volume of an underlying asset at a designated price within an agreed timeframe, without mandatory action.
Seller
An individual or entity that offers goods or services in exchange for payment or other compensation.
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