ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY

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MERCHANDISE Definition

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MERCHANDISE is commodities offered for sale or to engage in the trade of commodities that are for sale.

 

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PUT OPTION is the right but not the obligation to sell an underlying at a particular price (strike price) on or before the expiration date of the contract. Alternatively, a short forward position with an upside insurance policy.

INDUSTRY is the people or companies engaged in a particular kind of commercial enterprise.


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