Examlex
The substantial performance standard is more lenient than the strict performance standard of judicial contract legal interpretation.
Convertible Bond
An investment vehicle that offers the ability to be exchanged for a set portion of the company's shares at predefined periods within its term, usually upon the bondholder's initiative.
Call's Value
The intrinsic value of a call option, reflecting the difference between the underlying asset's price and the strike price of the option, if positive.
Exercise Price
The price at which the holder of an option can buy (call) or sell (put) the underlying asset or security.
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