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Glossary





Call (option)

It is an option that gives the buyer the right to buy an underlying asset at a future date at a specified price.




 


Call (warrant)

A call warrant allows the holder to benefit from a rising market. It rises in value when the underlying asset rises in value.





 


Capital appreciation

This occurs when the market value of the shares exceeds the purchase price.





 


Change

The difference between the previous day's closing price and the most recent price of a security.




 






Last update: 8 MAY 2009
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