Examlex
The value of both call and put options increases as the variability of the stock price decreases.
Third Party
An individual or group not directly involved in a contract or legal transaction but could be affected by its outcome.
Agency Relationship
A legal and fiduciary relationship between two parties, where one (the agent) is authorized to act on behalf of the other (the principal) in business transactions.
Illegal
Activities or practices that are forbidden by law and subject to penalties if violated.
Agency Agreement
A contract in which one party (the agent) agrees to act on behalf of another party (the principal) in particular transactions.
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