Chartered bank is bank that has the only financial role – accepting and guarding monetary deposits as well as lend money out to individuals and organizations. These banks’ types can vary from country to country.
Capitulation occurs when investors give up all of the previous earnings by selling the security in the time of losses and declines. It can occur at any given period of time during the decline and during high volume trading.
Currency substitution is a process of using a foreign currency instead of the national one in order to conduct all of the legal and governmental transactions. Usually countries using the system do not have an acting Central Bank or money for international trading.
Call on call is a type of exotic option where investor buys a secondary call option with custom provision that gives them the opportunity of buying plain vanilla option on underlying security in the future.
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