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Thursday, January 12, 2012

Financial Glossary


a. Exercise Price : The price at which an option may be used. The price at which the owner of the option has the right to buy or sell whatever the option contract is for. Sometimes called the strike price.

b. Life Expectancy: The age to which half of the people in an age group are expected to live.

c. Broker’s Note: The document recording the details of an investors dealing transaction.