Examlex
The transition from childhood to adulthood is called puberty.
Premium
An amount paid that is higher than the nominal or expected value, often associated with insurance costs or bond rates.
Covered Option
Occurs when a trader writes (sells) an option while having the underlying position to cover the position in the event that the option is exercised.
Naked Option
A risky investment strategy involving the selling of options contracts without owning the underlying asset or having a covering position.
Dividend Policy
A company's strategy or policy in deciding the size and pattern of dividend payments to its shareholders.
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