PUT WARRANT Definition

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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.

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ACOUSTIC DESIGN Architectural acoustics is the science and engineering of achieving a good sound within a building and is a branch of acoustical engineering.

 

CHAIRPERSON OF THE BOARD is the head of the board of directors of a corporation, and generally considered as head of the firm.

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