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Mr. Veer a newly entered investor in the field of securities business seeks your advice on the investments to be made in securities of large

Mr. Veer a newly entered investor in the field of securities business seeks your advice on the investments to be made in securities of large Companies for long-term purposes. With this object in view, he wants to know the meaning of the following terms commonly used in any stock exchange.
a)Derivative
b)Option in securities
c)Spot delivery contract. Advise suitably.

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