Examlex
The variable Home Ownership can take on one of two values,1 if the person living in a home owns the home and 0 if the person living in a home does not own the home.This is an example of a discrete random variable.
Option Contracts
Financial derivatives that give the buyer the right, but not the obligation, to buy or sell an underlying asset at a specified price on or before a certain date.
Swap Contracts
Financial agreements between two parties to exchange cash flows or other financial instruments for a specified period of time.
Put Option
A contract in finance that provides the bearer the privilege, but avoids the necessity, to dispense a specific measure of an underlying asset at a particular price during an outlined period.
Options Contract
A contract giving the buyer the right, but not the obligation, to buy (call option) or sell (put option) an underlying asset at a specified price on or before a certain date.
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