Contract which gives rights to holders to sell or buy asset at specific time period rather than giving obligation is classified as

Contract which gives rights to holders to sell or buy asset at specific time period rather than giving obligation is classified as Correct Answer option

Contract which gives rights to holders to sell or buy asset at specific time period rather than giving obligation is classified as option. An options contract is an agreement between a buyer and seller that gives the purchaser of the option the right to buy or sell a particular asset at a later date at an agreed upon price. Options contracts are often used in securities, commodities, and real estate transactions.

Related Questions

Feature of stock which allows stock holders to buy shares at price below than market price is called
Type of exchange members who only buy and sell for their personal account are classified as
In a recent year, Windsor's Boat's reported an asset turnover ratio of 2.46 times and a profit margin of 19.8% . In the same year, Sarah's Sail Boats reported an asset turnover ratio of 1.27 times and a profit margin of 9.9% . Which of the following statements is false ?
L is older than M and taller than N. O is younger than P, older than N and shorter than Q. R is older than S, younger than N, shorter than S and taller than Q. S is older than L, M, O, P, Q, R and S is necessarily false?