Examlex
_____ is a term used by Adam Smith to explain the inherent mechanisms at work in free market systems that keep commerce in equilibrium. It is also known as the "invisible hand."
Market Value
The going rate for buying or selling a service or asset.
March Put
A put option contract with a expiration date in March, allowing the holder to sell an asset at a pre-specified price.
Call Option
A financial contract giving the buyer the right, but not the obligation, to purchase a stock, commodity, or other asset at a specified price within a specified time.
Exercise Price
The predetermined price at which the holder of an option can buy (call) or sell (put) the underlying security or commodity.
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