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Related Definitions
Excise Tax Excise Tax is an indirect tax charged for the sale or use of particular items. This is also an inland tax that is imposed on specific goods and services.
Automatic exercise Automatic exercise is a protection procedure whereby the Options Clearing Corporation attempts to protect the holder of an expiring in-the-money option by automatically exercising the option on behalf
Aggregate exercise Aggregate exercise price is the exercise price multiplied by the number of shares in a put or call contract. The option premium
Adjusted exercise price Adjusted exercise price is a term which is used in options on Ginnie Mae (Government National Mortgage Association) contracts. The final exercise price of the option accounts for the coupon rates carried on Ginnie Mae mortgages.
For example, if the standard GNMA mortgage has an 9% yield,
Exercise price (strike price) Exercise price (strike price) means a price (exchange rate) at which the owner of a currency call option is allowed to buy a specified currency; or ...
Precise time and time interval Precise time and time interval is a reference value of time and time interval (frequency). Also called PTTI.
Exercise Exercise is a military maneuver or simulated wartime operation which involves planning, preparation, and execution that is carried out for the purpose of training and evaluation.
Command post exercise Command post exercise is an exercise in which the forces are simulated, involving the commander, the staff, and communications within and between headquarters.
Excise duties Excise duties are duties levied on items manufactured within the country and paid by the manufacturer.