Examlex
Water flowing out of an enclosed basin due to the tides is called a/an:
American Options
Financial derivatives that give the holder the right to buy or sell an asset at a set price at any time before the expiration date.
Expiration Date
The specific date after which a product is considered no longer usable or effective, often found on perishable goods and medications.
Convertible Bonds
Bonds that can be converted into a predetermined number of the issuing company's shares, usually at the discretion of the bondholder.
Conversion Value
The financial worth of a convertible security if it is converted into a different form, usually shares of the company's common stock.
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