A _______________ Drive Is a New, Innovative Form of Storage

question 110

Short Answer

A _______________ drive is a new, innovative form of storage that uses semiconductor memory and transistors that can be programmed to store data for virtually unlimited periods without power.

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Definitions:

Worthless

Describes an item that has no value, utility, or financial gain.

Exercise Price

The specified price on an option contract at which the option holder can buy (in the case of a call option) or sell (in the case of a put option) the underlying asset.

2-for-1 Split

A stock split in which a company divides its existing shares into two, reducing the price per share while keeping the total market capitalization the same.

Underlying Stock

The stock that is the basis or the security that options, futures, or other derivatives contracts are derived from or based upon.