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Classify the Following Definition According to Its Use: to Reduce

question 39

Short Answer

Classify the following definition according to its use: to reduce vagueness, to introduce or explain a new or unusual word, to evoke an attitude about something, or to accomplish some other purpose.
"Subduction zone: In interpretations of plate tectonic theory, a belt along the under-margin of a continental plate, where the colliding oceanic plate descends toward or into the mantle."-Robert M. Norris and Robert W. Webb, Geology of California


Definitions:

Put Option

A financial derivative that gives the holder the right but not the obligation to sell a specified amount of an underlying asset at a predetermined price within a specified time frame.

Foreign Currency

Monetary units issued by countries other than the home country of a business or investor, involved in international transactions.

Right to Sell

The legal permission or authority given to a person or entity to sell a product or service.

Currency Swap

A financial derivative product that allows two parties to exchange principal and interest in different currencies, used to hedge currency risk or obtain financing in foreign currency.

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