Examlex
Old cultures of bacteria that have lost their ability to cause disease are said to be
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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