A short put is when a trader opens an options trade by selling or writing a put option.

 

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A stipend is a preset amount of money paid to trainees, interns, and students to help offset expenses. 

 

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A short call option position where the writer does not own an equivalent position in the underlying security presented by their option contracts.

 

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A steady-state economy is an economy structured to balance growth with environmental integrity. It seeks to find balance between production and population growth. 

 

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