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Technological change is decreasing competition in the market for media.
Maturity
The date on which a financial obligation must be repaid or the final due date on which a bond or other debt instrument comes due and the principal must be paid back.
Futures Contract
A standardized legal agreement to buy or sell something at a predetermined price at a specified time in the future, often used for hedging or speculating on the future price of financial instruments.
Forward Contract
A forward contract is a non-standardized agreement between two parties to buy or sell an asset at a specified future time at a price agreed upon today.
Listed Put Option
A put option that is traded on a registered exchange, where the holder has the right to sell a specified quantity of an asset at a set price before the option expires.
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