see economic cycle

options strategy consisting of four options long butterfly: purchase of call and put at the money (= long straddle) and sale of call and put out of the money (short strangle) short butterfly: sale of call and put at the money (= short straddle) and purchase of call and put out of the money (= long strangle)

Analytical classification of a financial instrument as a buy.

see Call

Passive investment strategy that involves no active buying and selling activity after the composition of the portfolio until the end of the investment horizon.

ability to purchase goods and services for money

see ask rate