Examlex
A ________ is an e-commerce application that facilitates online shopping by mediating the interconnections to the merchant's bank, the bank or other entity that issued the card, and then back to the original website to approve or decline the purchase.
Equity
The value of an asset after deducting the amount of liabilities or the ownership interest in a firm.
Call Contract
A financial contract that gives the holder the right, but not the obligation, to buy a stock, bond, commodity, or other asset at a specified price within a specific time period.
Option Contract
An agreement that gives the owner the right, but not the obligation, to buy or sell a specific asset at a specific price for a set period of time.
Put Options
Financial contracts giving the owner the right, but not the obligation, to sell a specified amount of an underlying asset at a predetermined price within a specified time frame.
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