A knock-out option is a type of option with a built-in mechanism to expire worthless if a specified price level is reached.

 

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A knock-in option is a type of latent option contract that starts to function only after a certain price is reached before expiration. 

 

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Positive pay is an automated cash-management service aimed at deterring check fraud.

 

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Paga is a mobile app that allows its users transfer money and make payments right through their mobile devices.

 

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Hard dollars are payments made by a customer to a brokerage firm in return for their services. 

 

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Herd instinct in finance is the phenomenon where investors follow what they see other investors are doing, rather than follow their own analysis.

 

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Love money is capital expanded by family or friends to an entrepreneur to start a business. 

 

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Lost Decade is a common term used to describe the 1990s decade in Japan. It was a period of economic stagnation which became one of the longest economic crises in recorded history.

 

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Junior security is a security that has lower priority claim than other securities with accordance to the income or net worth of its issuer. 

 

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Junk bonds are the type of bonds that carry a higher risk of default than most of the bonds issued by corporations and governments. 

 

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