At the Money
A term used in options trading where the strike price of the option is similar to the current underlying spot price of the instrument.
Other Trading Basics
How big companies finance short-term cash flow.
Like bonds but without the coupon, instead, the APR is determined by the discount the agreements are entered into and the length of time to repayment.
For example, a blue chip company might borrow $9.95m dollars today and repay $10m in a month’s time.