'Novation' Refers to the System of Margin Payments Administered by the Futures

question 89

True/False

'Novation' refers to the system of margin payments administered by the futures market's clearinghouse.

---

Definitions:

Digital Copy

An electronic version of a document, image, book, or any other type of content that can be stored, viewed, and transmitted over digital platforms.

Introductory Feature

An initial element or aspect designed to introduce users or readers to a service, product, or subject matter.

Time-Pressed Readers

Individuals who face time constraints, causing them to scan or skim through written material quickly to extract necessary information.

Digitally Distributing

The process of delivering content or products over the internet directly to consumers or users.