Examlex
In one lawsuit in the early , a financial institution became insolvent because defects in a purchased software application caused errors in several of its systems.
Market Index
A statistical measure reflecting the composite value of a selection of stocks, representing a specific market or a portion of it, used as a benchmark.
Active Portfolio
An investment portfolio that is managed with the intent to outperform the market through selecting and trading securities.
At-The-Money Call
An option contract with an exercise price that is approximately equal to the current price of the underlying asset.
Out-Of-The-Money Call
Refers to a call option where the strike price is higher than the market price of the underlying asset.
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