A Sustaining Technology Is a New Way of Doing Things

question 69

True/False

A sustaining technology is a new way of doing things that initially does not meet the needs of existing customers.

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Definitions:

Interest Rate Futures

Financial derivatives contracts that lock in the future delivery of an asset with an interest-bearing instrument at a specified price.

Eurodollars

Deposits held in banks outside the US but denominated in US Dollars, not under jurisdiction of the Federal Reserve.

Actively Traded

Describes securities or assets that are frequently bought and sold, often indicating high liquidity and market interest.

Reversing Trade

The process of undoing or closing out a trading position, often used to correct an incorrect trade or take profits.