Examlex
Which of the following are in no way incapacitated when entering into contracts?
Securities
Securities are financial instruments that represent an ownership position in a publicly-traded corporation (stock), a creditor relationship with a governmental body or a corporation (bond), or rights to ownership as represented by an option.
Portfolios
A portfolio containing various types of financial investments, including stocks, bonds, commodities, cash, cash equivalents, mutual funds, and ETFs.
Exposure
The degree to which an investment or portfolio is subject to various risks, such as market, credit, or operational risks.
Underlying Security
A stock, bond, currency, or commodity on which an option or futures contract is based.
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