INCOMPETENCE Definition

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INCOMPETENCE is lack of physical or intellectual ability or qualifications.

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PUT WARRANT is a security that, in contrast to a conventional warrant, gives the holder the right to sell the underlying or to receive a cash payment that increases as the value of the underlying declines. Put warrants, like their call warrant counterparts, generally have an initial term of more than one year.

YELLING MARKETS refers to markets where transactions involve the yelling of prices and quantities during the transaction.

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