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In finance, a foreign exchange option (commonly shortened to just FX option or currency option) is a derivative financial instrument that gives the right but not the obligation to exchange money denominated in one currency into another currency at a pre-agreed exchange rate on a specified date. See Foreign exchange derivative.
This glossy rationale masks the reality: if it is insurance then a currency option is akin to buying theft insurance to protect against flood risk.Gunnar Bentz, the 20-year-old swimmer who was pulled off of a plane before having his passport seized in connection to an investigation surrounding an alleged robbery at the Summer Games, released a statement Saturday.His best finish came in the 400 yard medley where he finished 4th.The adjective marīt-us -a, -um meaning matrimonial or nuptial could also be used in the masculine form as a noun for "husband" and in the feminine form for "wife".The related word "matrimony" derives from the Old French word matremoine, which appears around 1300 defined marriage as "a more or less durable connection between male and female lasting beyond the mere act of propagation till after the birth of the offspring." In The Future of Marriage in Western Civilization (1936), he rejected his earlier definition, instead provisionally defining marriage as "a relation of one or more men to one or more women that is recognized by custom or law".