AT THE MONEY Definition

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AT THE MONEY is an option where the strike price is approximately equal to the underlying price.

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ASSURANCE has been defined by the American Institute of Certified Public Accountants (AICPA) as "Independent Professional Services that improve information quality or its context". Such services are very broad and could include assessments of various industries, e.g., Internet security or quality of health facilities.

TRADE DATE, in securities, is the actual date on which a trade is initiated or executed.

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