ПМ3 Unit 6 Financial Instruments

Bills of exchange and letters of credit are treated as ______ securities.

• bond

• share

• loan

• stock

The price of the derivative depends on the price of the _____ asset.

• bilateral

• recurring

• sharp

• underlying

Stocks and shares can also be called _______ securities.

• equity

• asset

• evidence

• maturity

A futures contract is a _______ offer traded on a stock market.

• conventional

• recurring

• novice

• underlying

The buyer of futures is obliged to purchase or sell the asset at the _____ date.

• transaction

• yield

• expiration

• amount

Facts or physical signs that help to prove something.

The system of money used in a particular country.

To try to protect from a problem or risk.

A financial operation in the form of an exchange of different assets.

The right, not the obligation, to buy or sell something at a non-fixed price.