Examlex
MATCHING
Match the person or term with the with the correct description.
-John Cabot
Out-Of-The-Money
A term used to describe an option contract that would not result in a profit if exercised at the current market level.
Convertible Bond
A type of bond that can be converted into a predetermined amount of the company's equity, usually at the option of the bondholder.
Callable Bond
is a type of bond that gives the issuer the right to redeem the bond before its maturity date, under specific conditions.
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