Examlex
What does the word sarco mean?
Exotic Options
Non-standard options that have more complex features than common American or European options, often including different pay-off structures or the ability to trade on more unusual underlying assets.
Over-The-Counter Market
A decentralized market, without a central physical location, where participants trade securities directly between two parties.
New York Stock Exchange
A leading global securities exchange where stocks, bonds, and other financial instruments are bought and sold, based in New York City.
Call Option
An agreement in finance that allows the purchaser the option, but not the duty, to acquire a stock, bond, commodity, or different asset at an agreed-upon price within a predetermined timeframe.
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