Glossary, N-T, Options

Put Option

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A Put Option gives the holder the right to sell the underlying stock or futures contract at a specified strike price.

Glossary, N-T

Pink Sheet

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Pink Sheets refer to the trading of stocks that are not listed on a major exchange or the OTCBB due to a lack of minimum listing requirements or filing financial statements with the SEC (Securities Exchange Commission)

Bonds, Glossary, N-T

Par Value

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Par Value is the amount that the issuer of a bond agrees to pay at the date of maturity.