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Code · Nevada · CHAPTER 682A - INVESTMENTS

NRS 682A.027 “Cap” defined.

56 words·~1 min read·/nv/chapter-682a-investments/682a-027

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NRS 682A.027 “Cap” defined. “Cap” means an agreement obligating the seller to make payments to the buyer, with each payment based on the amount by which a reference price or level, or the performance or value of one or more underlying interests, exceeds a predetermined number, sometimes referred to as the strike rate or strike price.
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