About the lesson

In this lesson you will:

• study: a text of ca. 420 words

• learn:

  • what derivative instruments mean

  • how they are used in transactions

  • what is understood by leverage

• study vocabulary:

  • 21 words and expressions useful in insurance business

  • e.g.: asset, commodity, underlying instrument, leverage, sufficient, accelerated, asset, commodity, amplify, fraction, liquidation, exposed, long position, short position, nominal value etc.

  • practise vocabulary in 2 units composed of 5 tasks each

  • complete approx. 100 questions during the whole lesson

• test your knowledge of the vocabulary studied

You might also be interested in other lessons in this section covering similar ground. The whole section is composed of the following:

1. DERIVATIVES - INTRODUCTION
2. DERIVATIVES - FUTURES VS FORWARD CONTRACTS
3. DERIVATIVES - OPTIONS
4. DERIVATIVES - WARRANTS AND SWAPS
5. SECURITIZATION