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Process control is concerned with monitoring quality after the product or service has been produced.
Put Contracts
Financial derivatives that give the holder the right, but not the obligation, to sell a specific amount of a security at a specified price within a specified time period.
Underlying Stock
The stock that is the basis for a particular derivative instrument, such as an option.
Market Value
The current quoted price at which an asset or company can be bought or sold on the open market.
November 47.50 Call
A call option contract for the right to buy a specific financial instrument at a price of 47.50, expiring in November.
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