Examlex
Random access memory is the portion of a computer's primary storage that does not lose its contents when one switches off the power.
Long Position
A financial strategy where the investor purchases a security with the expectation that its value will rise over time.
Futures Contract
A standardized legal agreement to buy or sell a particular commodity or financial asset at a predetermined price at a specific time in the future.
Clearinghouse
Established by exchanges to facilitate transfer of securities resulting from trades. For options and futures contracts, the clearinghouse may interpose itself as a middleman between two traders.
Taxation
The process whereby authorities impose financial charges on individuals or legal entities, which can have implications for investment decisions.
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