Examlex
Self selection means that job seekers are eliminated from the applicant pool by HR specialists called 'self selectors'.
Call Option
A financial contract that gives the buyer the right, but not the obligation, to buy an asset at a specified price within a certain period.
Strike Price
The set price at which an option contract can be bought (call) or sold (put) when it is exercised.
Underlying Stock
The stock that must be delivered when a derivative contract, like an option or futures contract, is exercised.
Initial Cost
The initial expenditure involved in purchasing an asset or starting a project.
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