Today's word:
POLITICAL FUTURES
Theme for this fortnight: FUTURES
Theme for this fortnight: FUTURES
An investment wherein the
payout comes after an election, based on the winning party. Investors pay a
flat fee to purchase the future and will receive $100 if the candidate they
chose wins, and $0 in the event of a loss. The price of the future fluctuates
throughout the election, based on candidate support.
0 comments:
Post a Comment