what is a minimum price for which a certain designated stock may be initially...

[Lepardino]

Business English Lesson, Advanced Level

ESL/EFL Test #307 "Business buzzwords: Taking delivery", question 2

......... option is an option that has the ability to change its structure, should certain pre-determined terms of the contract be met: an example would be a put option that automatically changes into an identical call option after the price of the underlying exceeds a certain price.

(a) A catalyst
(b) A chameleon
(c) An ambivalent
(d) An isotope

Business English Lesson, Advanced Level

ESL/EFL Test #307 "Business buzzwords: Taking delivery", answer 2

A chameleon option is an option that has the ability to change its structure, should certain pre-determined terms of the contract be met: an example would be a put option that automatically changes into an identical call option after the price of the underlying exceeds a certain price.

Correct answer: (b) A chameleon
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what is a minimum price for which a certain designated stock may be initially sold by a corporation?

Lepardino

[Mister Micawber]

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I can think of nothing other than 'minimum share price for initial offering'. I think that it is entirely up to the corporation, though, unless they want to list on the exchanges.
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Native English teacher at Mister Micawber's