Examlex
An ant walks down the surface of a ball. If the ant begins to slip when the normal force is less than one-third of the ant's weight, at what angle, measured from the top of the ball, does the ant begin to slip?
Expiration Date
The set date on which a derivative contract such as an option or futures expires or ceases to exist.
Put Option
A legally binding agreement that enables an individual to choose, though not be forced, to offload a specific volume of an underlying asset at a predetermined rate before a particular deadline.
Acquisition Price
The total cost incurred to acquire an asset, including the purchase price and associated expenses.
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