Financial Instruments

noun a circle of light around the sun or moon

• The corona is the outermost layer of the sun's atmosphere.
• I heard that the corona virus is spreading rapidly.
• I'm so over this whole corona situation.
• The corona of the full moon cast an eerie glow over the landscape.

noun a financial instrument that is similar to a check but is guaranteed by the issuing bank

• The company requested payment through a demand draft for security purposes.
• You can pay through a demand draft if you don't have a chequebook.
• I'll just send a demand draft to settle the bill.
• His dedication to his work was like a demand draft - unwavering and reliable.

noun a financial product that derives its value from an underlying asset

adjective derived from another source

• The derivative of a function at a given point is the rate at which the function is changing at that point.
• I'm having trouble understanding how to find the derivative of this function.
• I totally bombed the quiz on derivatives today.
• The new product is a derivative of the original design, with some added features.

noun a deduction from the usual cost of something

verb to deduct an amount from the usual cost of something

• The store is offering a 20% discount on all items this weekend.
• Hey, did you hear about the discount at the mall?
• I scored a sick discount on these sneakers.
• Learning from past mistakes can be seen as a discount on future errors.

noun a sum of money paid as compensation, especially a sum exacted by a victor in war as reparation from the vanquished

• The company required all vendors to provide proof of indemnity in case of any potential legal claims.
• Make sure you have insurance that covers indemnity just in case anything goes wrong.
• I ain't worried about no indemnity, I got it all covered.
• Her unwavering loyalty to her friend was like an indemnity against any harm that may come their way.

noun a means by which goods or services are exchanged, typically one that is widely accepted and used

• A medium of exchange is any item or verifiable record that is widely accepted in exchange for goods and services.
• Cash is the most common medium of exchange for everyday transactions.
• I'll trade you my medium of exchange for that cool t-shirt.
• Time is often considered a medium of exchange, as we trade our time for money or experiences.

adjective Continuing or lasting for an indefinitely long time; eternal; everlasting

• The perpetual motion machine was a topic of great debate among scientists.
• She always has a perpetual smile on her face.
• I'm tired of his perpetual whining about everything.
• The beauty of nature is like a perpetual masterpiece.

noun an act of exchanging one thing for another

verb to exchange or trade something

• The act of swapping goods or services is known as bartering.
• We were swapping stories about our weekend adventures.
• Let's do a clothing swap to freshen up our wardrobes.
• Swapping out the old furniture for new pieces really transformed the room.

adjective describing something that does not have a specified limit or end

• The contract was set to be termless, allowing for indefinite duration.
• They have a termless agreement, so they can stay as long as they want.
• Their deal is termless, so they're basically free to do whatever.
• Their love was termless, lasting beyond any defined period of time.

adjective describing something that has not been officially accepted or sanctioned

• The unapproved use of company resources is strictly prohibited.
• You can't just start using the unapproved software without permission.
• I heard they got in trouble for using unapproved stuff at work.
• His unapproved actions led to consequences he never anticipated.

noun a document issued by a legal or government official authorizing the police or another body to make an arrest, search premises, or carry out some other action relating to the administration of justice.

verb justify or necessitate (a certain course of action).

• The police obtained a warrant to search the suspect's house.
• The cops got a warrant to go through the guy's place.
• The feds got the green light to raid the dude's crib.
• His reckless behavior warranted a closer look by authorities.

verb to justify or necessitate

adjective justified or authorized

• The manufacturer's warranty warranted free repairs for up to one year.
• I think a refund is warranted in this situation.
• That movie was so bad, a refund is definitely warranted.
• His reckless behavior warranted a stern warning from his boss.

noun a fund that invests in commodities, such as agricultural products or natural resources

• Investors are considering putting their money into a commodity fund to diversify their portfolio.
• I heard that commodity funds are a good way to invest in different types of goods.
• Commodity funds are like a mixtape of investments, bro.
• A commodity fund is like a treasure chest filled with different types of assets waiting to be discovered.

noun CDO is an acronym that can stand for different things depending on the context.

• The Chief Data Officer (CDO) is responsible for overseeing the organization's data management strategy.
• I heard that the CDO is the one in charge of handling all the data stuff.
• The CDO is like the data guru of the company, making sure everything is in order.
• Being the CDO of the team, she was the one who kept everyone organized and on track.

adjective relating to or involving a compromise

• The legal document contained a compromissory clause outlining the terms of the agreement.
• I had to sign a compromissory note before receiving the loan.
• I didn't realize there was a compromissory condition attached to the deal.
• Their relationship was like a compromissory bond, each person giving a little to find a middle ground.

noun a manual computing device with beads or disks that can be moved up and down on rods or in grooves

• The teacher demonstrated how to use the abacus to perform complex calculations.
• I found an old abacus in my grandparents' attic and decided to try using it.
• I'm so bad at math, I might as well be using an abacus!
• She used the abacus of her mind to carefully weigh her options before making a decision.

noun a person's agreement to receive or take something

preposition used to indicate the purpose or reason for which something is done

• The bank will only release the documents upon acceptance for honor of the bill of exchange.
• You need to officially accept for honor the payment in order to proceed with the transaction.
• If you don't accept for honor the terms, we can't move forward with the deal.
• Sometimes we have to accept for honor the challenges life throws at us in order to grow stronger.

noun a word that functions as the name of a specific person, place, thing, or idea

adverb a word that modifies or describes a verb, adjective, or another adverb

preposition a word that shows the relationship between a noun (or pronoun) and other words in a sentence

• The buyer's acceptance supra protest indicated their willingness to proceed with the transaction despite the issues raised.
• Even with the complaints, the customer's acceptance supra protest showed they were still on board.
• Dude, I can't believe she still accepted it supra protest, she's too nice.
• Her acceptance supra protest was like a green light to continue, no matter what obstacles came up.