Option expiration and price | Finance & Capital Markets | Khan Academy
A1 A2 B1 B2 C1 C2
relate
US / rɪ'leɪt /
•UK / rɪˈlet /
- verb
- To demonstrate a logical relationship between
- To understand or sympathize with, e.g. a problem
- To tell a story, or tell about a particular event
will
US / wɪl /
•UK / wɪl /
- noun
- Desire or choice of someone
- Document saying who gets your money when you die
- Strong desire to do something; determination
- Desire to do something; strong wish to do
- other
- Used with verbs to express the future
- verb
- To leave property to someone after your death
- To use mental effort to make something happen
- Am (is, are) likely to do
- To influence someone to do something
- To make something happen by strongly wanting it
day
US / deɪ /
•UK / de /
- noun
- A period of 24 hours beginning at midnight
- The period of time when it is light outside
- Person's name
strike
US / straɪk /
•UK / straɪk /
- noun
- A punch or hit
- Fact of not hitting the ball when playing baseball
- Refusal to work to get more pay, protest something
- verb
- To hit something
- To suddenly become (e.g. rich)
- To have an idea occur to you
third
US / θɜ:d /
•UK / θɜ:rd /
- adjecitve
- 3rd: Number after second
sell
US / sel /
•UK / sɛl /
- verb
- To exchange something for money
- To persuade people to do, like or agree
either
US / ˈaɪðə(r) /
•UK / ˈiðɚ, ˈaɪðɚ /
- adjecitve
- One of two (used when there is a choice of two)
- adverb
- (After negative statements) likewise, in addition
- conjunction
- Used as the first of two connected things
- determiner
- Used as the first of two connected things
- pronoun
- The one or the other
here
US / hɪə(r) /
•UK / hɪr /
- adverb
- In this place; at this location, position or time
imagine
US / ɪ'mædʒɪn /
•UK / ɪˈmædʒɪn /
- verb
- To think creatively about; form mental picture of
while
US / waɪl /
•UK / hwaɪl, waɪl /
- conjunction
- In spite of the fact that; although
- During the time that; at the same time
- noun
- Short amount of time
trade
US / treɪd /
•UK / treid /
- noun
- A specific industry, e.g. shoe making
- Action of buying and selling things in business
- The buying and selling of goods and services
- Exchanging something for something else
- Job often requiring physical skills, e.g. plumbing
- verb
- To buy, sell and exchange goods in business
- To give something in return for something else
both
US / bəuθ /
•UK / boθ /
- determiner
- Used to refer to two things at the same time
- pronoun
- Used to refer to two things at the same time
hold
US / həʊld /
•UK / hold /
- noun
- Section of a ship or plane used for storing things
- Influence or power held over someone
- Place of support for hands or feet when climbing
- verb
- To agree to keep something for someone
- To have the capacity to support/contain something
- To control an area and protect it from attack
- To not allow someone to leave a place
- To cause an event to happen at a place or time
- To use hands or arms to carry or keep something
- To have a specific quality or property
- To keep an image, belief or feeling in your mind
- To have or own something
- To wait before being able to talk on the phone
- To limit the movement of someone in a sport
chart
US / tʃɑ:t /
•UK / tʃɑ:rt /
- noun
- Drawing showing information in a clear way
- Map of the sea or stars
- verb
- To make a plan for future action
- To make a map of
- To keep a record of developments over time
electric
US / ɪˈlektrɪk /
•UK / ɪˈlɛktrɪk /
- adjecitve
- Creating a feeling of excitement
- Using electricity
they
US / ðeɪ /
•UK / ðe /
- pronoun
- Two or more people, animals, or things
april
US / ˈeɪprəl /
•UK / ˈeɪprəl /
- noun
- 4th month of the year
- Person's name
all
US / ɔ:l /
•UK / ɔl /
- adverb
- Completely; totally
- determiner
- Being every one of something
- pronoun
- 100% of something; the complete amount
who
US / hu: /
•UK / hu /
- pronoun
- Which person
- Used to introduce information about people
way
US / weɪ /
•UK / we /
- adverb
- Used to emphasize the amount of something
- noun
- Particular aspect of something being thought about
- One of various choices that could be made
- Particular existing condition or state
- (Often long) distance or length of time
- How something is done
- Route to go to a place
- Small street
- Usual behavior, emotions or habits of someone
bit
US / bɪt /
•UK / bɪt /
- noun
- Device put in a horse's mouth to control it
- Small piece of something
- verb
- (E.g. of fish) to take bait and be caught
general
US / 'dʒenrəl /
•UK / ˈdʒɛnərəl /
- adjecitve
- Widespread, normal or usual
- noun
- Top ranked officer in the army
look
US / lʊk /
•UK / lʊk /
- noun
- Person's beauty or physical attractiveness
- Particular style of dress, clothes, or appearance
- The way someone, something appears to be
- Act of searching for or examining something
- verb
- To appear to be; seem
nice
US / naɪs /
•UK / naɪs /
- adjecitve
- Being attractive or of high quality or value
- Good or enjoyable
- Being kind or friendly
underlie
US / ˌʌndəˈlaɪ /
•UK / ˌʌndərˈlaɪ /
- verb
- To be the basis, foundation or cause of something
- To lie or exist beneath
option
US / 'ɒpʃn /
•UK / ˈɑpʃən /
- noun
- A choice
- Right to buy or sell at a certain price and time
least
US / li:st /
•UK / list /
- adverb
- In the smallest or lowest way
- noun
- Something that is of the lowest or smallest degree
right
US / raɪt /
•UK / raɪt /
- adjecitve
- Correct or true
- The south side of you looking at the rising sun
- adverb
- Exactly in a place or time
- Being appropriate for a particular event
- In a straight or direct manner
- noun
- Something you are legally or morally allowed to do
- Ideal of what is just and good
- Political view based on conservatism
- verb
- To fix something previously wrong or unjust
- To make upright, as a boat that has turned over
value
US / 'vælju: /
•UK / ˈvælju /
- noun
- Importance you attach to something
- Some information expressed as a number
- Stated price of something; worth
- verb
- To place a high importance on something
- To say how much money something is worth
even
US / 'i:vn /
•UK / ˈivən /
- adjecitve
- Being equal in influence, power, possibility etc.
- Being divided equally or fairly
- (Of teams/contest) with similar chances of success
- Smooth, level, or regular
- Can be divided by 2; ending in 2, 4, 6, 8, or 0
- At a regular, equally steady manner
- Remaining steady and unchanging
- adverb
- (When this is surprising) as well; too
- (Used to compare two things/stress the difference)
- verb
- To make something level; to flatten
- To make something equal
like
US / laɪk /
•UK / laɪk /
- adjecitve
- Being equal in status or kind to something else
- Similar; the same
- adverb
- For example
- preposition
- Used as a filler; used to ad emphasis
- In a way similar to the way something is done
- Such as; for example
- verb
- To want to
- To find something pleasing; to prefer something
that
US / ðæt /
•UK / ðæt, ðət /
- adjecitve
- The person or thing being talked about
- Used to identify something both the speakers know
- adverb
- Used to reinforce adjectives and adverbs
- To such a degree
- conjunction
- Used to connect a noun clause
- Used to introduce an adverbial clause
- Used to introduce a noun clause
- determiner
- Used as a noun to refer to something
- pronoun
- Referring an object far away
- Used to refer to the relative pronoun ‘which’
what
US / wɒt /
•UK / hwɑt, hwʌt, wɔt, wʌt,hwət, wət /
- pronoun
- Thing or things that; the same kind as
- Used to emphasize something you are about to say
- adjecitve
- Used to refer to a particular amount, or number
- Used to place emphasis on a particular quality
- adverb
- To a certain degree
- determiner
- Question words used for asking for information
- exclamation
- Used to express excitement, shock, or surprise
- Used to ask people to repeat something they said
get
US / ɡet /
•UK / ɡɛt /
- verb
- To become affected by illness or disease
- To begin to feel or understand an emotion or idea
- To send or bring someone or something home, etc.
- To go somewhere to obtain something
- To (cause to) do a particular thing
- To obtain, receive or be given something
- To currently have
- To prepare for use
- To understand something being said or read
first
US / fɜ:st /
•UK / fɚst /
- adjecitve
- 1st; Coming before all others in time or place
- noun
- Something that has not happened before
- Position of the winner of a competition
own
US / əʊn /
•UK / on /
- adjecitve
- Belong to oneself
- determiner
- Yours, his, hers, etc.; not belonging to another
- pronoun
- (Something) belong to myself
- verb
- To have something as your property
profit
US / 'prɒfɪt /
•UK / 'prɑ:fɪt /
- noun
- Benefit from doing something
- Money earned from sales, after costs are deducted
- verb
- To be a benefit to someone
- To earn money from something
similar
US / ˈsɪmələ(r) /
•UK / ˈsɪməlɚ /
- adjecitve
- Nearly the same; alike
friday
US / ˈfraɪdeɪ /
•UK / ˈfraɪdeɪ /
- noun
- Fifth day of the week; the day after Thursday
then
US / ðen /
•UK / ðɛn /
- adverb
- A time that is not now
- Following another thing in time or arrangement
- Following on reasonably from what was just stated
- At that time, not now
one
US / wʌn /
•UK / wʌn /
- pronoun
- You; we; people in general; someone
- The thing or person previously referred to
- adjecitve
- Used to refer to people generally
- Being a strong example of (something mentioned)
- number
- Number 1
let
US / let /
•UK / lɛt /
- verb
- To allow someone to do something
- Introducing a suggestion to do something together
- To rent a house, etc. to others
the
US / ðə /
•UK / ðə /
- article
- Used to refer to something already mentioned
- Used to show there is only one of something
- determiner
- Used to describe all of a family
vary
US / ˈveəri /
•UK / ˈveri /
- verb
- To change something and make it different
- To be changeable, both up and down
price
US / praɪs /
•UK / praɪs /
- noun
- Person's name
- Cost of something in money
- verb
- To determine or set the cost of something
become
US / bɪ'kʌm /
•UK / bɪˈkʌm /
- verb
- To begin to be; grow to be; develop into
- To be suitable for a particular job or role
same
US / seɪm /
•UK / sem /
- adjecitve
- Being equal in quality and amount
- Identical; not different
- Not changing; constant
can
US / kæn /
•UK / kən,kæn /
- noun
- A metal container for storing food
- other
- Able to; have the skill to; have the time to
- verb
- To have permission to
- To be possible to do
- To preserve food by sealing it in a metal container
want
US / wɔnt /
•UK / wɑnt, wɔnt /
- noun
- Something you desire or wish for
- State or condition of poverty
- verb
- To desire or wish for something; hope for a thing
now
US / naʊ /
•UK / naʊ /
- adverb
- At the present time or moment
- Right away or in the next possible moment
- Used to refer to something that just happened
- Time between the present and a moment in the past
- conjunction
- Resulting from or because of something
compare
US / kəm'peə(r) /
•UK / kəmˈpɛr /
- verb
- To consider how similar and different things are
stock
US / stɒk /
•UK / stɑk /
- adjecitve
- (E.g. of a response) standard; usual; not original
- noun
- Animals such as cattle kept for breeding
- Tasty liquid added to stews, soups etc.
- Merchandise; goods kept by a business for sale
- Piece of a business, bought in the form of shares
- verb
- To keep some of, as items for sale
worthless
US / ˈwɜ:θləs /
•UK / ˈwɜ:rθləs /
- adjecitve
- Being of no value; without positive aspects
- Having no importance or value
would
US / wʊd /
•UK / wʊd /
- other
- Used to indicate something imagined
- Used to ask or request something politely
- Verb used to indicate possibility, request etc.
- Used to indicate a preference
- Used to indicate a reaction
- Indicates something that occurred repeatedly
- Used to indicate willingness or ability to do
not
US / nɒt /
•UK / nɑt /
- adverb
- Word indicating the negative
- (Used to form the negative of verbs)
maybe
US / ˈmeɪbi /
•UK / ˈmebi /
- adverb
- Possibly but not certainly; perhaps
but
US / bət /
•UK / bʌt,bət /
- conjunction
- Used before you say something different, opposite
from
US / frəm /
•UK / frʌm, frɑm,frəm /
- preposition
- Starting at a particular place, time or level
out
US / aʊt /
•UK / aʊt /
- adverb
- No longer stylish (e.g. fashion)
- Away from home, business, or the usual place
- In a direction/movement away from inside or center
- noun
- Act when a batter cannot continue playing
- verb
- To tell people a secret
over
US / 'əʊvə(r) /
•UK / ˈovɚ /
- adverb
- Finished; no longer happening
- Towards the ground/away from a standing position
- noun
- A set of six consecutive balls bowled in cricket
- other
- Finished
- preposition
- Showing the relation when a thing is above another
- On or covering something
- Above or across something
- More than you need
- From one side to the other
- In the direction of; toward
call
US / kɔ:l /
•UK / kɔl /
- noun
- A order or request for action
- The sound an animal makes, often when in danger
- A correct prediction, e.g. a decision in a game
- A short visit to a place or person
- A decision by a referee or umpire in a game
- verb
- To make a request or order for action
- (Animal) to make sounds to warn of danger
- To announce the date of an election
- To make a judgment about something
- To give someone or something a name
- To guess in advance the result or outcome
- To visit a place or person for a short time
- To phone someone
- To speak, announce or shout in a loud voice
far
US / fɑ:(r) /
•UK / fɑr /
- adjecitve
- A long way away
- Being a long way away
- adverb
- To a large degree or extent
owner
US / ˈəʊnə(r) /
•UK / ˈoʊnə(r) /
- noun
- Person who owns or has something
where
US / hwɛə /
•UK / hwɛr, wɛr /
- conjunction
- At or in the place which
- In whatever place
- pronoun
- Word you use to ask the location of something
and
US / ənd /
•UK / ənd, ən,ænd /
- conjunction
- Used to refer to two or more things
- Plus; in addition; on top of that
- Used to introduce an action that follows another
money
US / 'mʌnɪ /
•UK / ˈmʌni /
- noun
- Coins or notes we use to pay for things
until
US / ənˈtɪl /
•UK / ʌnˈtɪl /
- conjunction
- Up to; to a time when something happens
- preposition
- Before (a specific time)
something
US / ˈsʌmθɪŋ /
•UK / ˈsʌmθɪŋ /
- adverb
- In some degree or measure
- noun
- a person or thing of some value or consequence
- pronoun
- Thing that is not yet known or named
- Approximately
completely
US / kəmˈpli:tli /
•UK / kəmˈpliːtli /
- adverb
- In every way or as much as possible
only
US / ˈəunli /
•UK / ˈonli /
- adverb
- Just one; just that amount or thing; not more than
- Not very important or serious
- Just that type of thing, person
- Short time ago; not before a certain time
- conjunction
- Except; but
two
US / tu: /
•UK / tu /
- number
- 2
for
US / fə(r) /
•UK / fɔr,fə /
- preposition
- Used to show the purpose, or need of something
why
US / waɪ /
•UK / hwaɪ, waɪ /
- adverb
- Question word to ask for a reason
- exclamation
- (Used to express surprise or approval)
situation
US / ˌsɪtʃuˈeɪʃn /
•UK / ˌsɪtʃuˈeʃən /
- noun
- Place, position or area that something is in
- Circumstance or condition surrounding an event
- An unexpected problem or difficulty
much
US / mʌtʃ /
•UK / mʌtʃ /
- adjecitve
- Very; to a high level or degree
- adverb
- A lot; large amount; a high degree of
- Nearly; basically
- On many occasions; often
- noun
- A large amount; a great quantity
probability
US / ˌprɒbəˈbɪləti /
•UK / ˌprɑ:bəˈbɪləti /
- noun
- What the chances are that something will happen
exact
US / ɪɡ'zækt /
•UK / ɪɡˈzækt /
- adjecitve
- Completely correct; accurate; specific
- verb
- To get something, sometimes using force
well
US / wel /
•UK / wɛl /
- adjecitve
- Being in a fortunate, good condition or state
- Healthy and in good condition
- adverb
- In an acceptable, proper, or successful manner
- In a complete, total, or full manner
- A great and considerable degree
- In a successful way, in a good or satisfactory way
- exclamation
- Used to begin or continue a particular statement
- Used to show you want to start saying something
- Used to express that you are waiting for a reply
- You say this to change the topic of a conversation
- Used to indicate you are making a final remark
- noun
- Long deep hole in the ground to get water
- verb
- To cause your eyes to fill with tears
those
US / ðəʊz /
•UK / ðoz /
- determiner
- The people or things we are talking about
- pronoun
- The objects far from the speaker
expiration
US / ˌekspəˈreɪʃn /
•UK / ˌɛkspəˈreʃən /
- noun
- Coming to an end of a period, validity
someone
US / ˈsʌmwʌn /
•UK / ˈsʌmˌwʌn, -wən /
- pronoun
- Person who is not known or named
continue
US / kən'tɪnju: /
•UK / kənˈtɪnju /
- verb
- To do something without stopping, or after pausing
- To start doing again after a break, pause, or stop
should
US / ʃʊd /
•UK / ʃʊd /
- other
- Used to indicate what is proper or reasonable
capture
US / 'kæptʃə(r) /
•UK / ˈkæptʃɚ /
- verb
- To attract and hold e.g. interest, attention
- To record, tape, or film something
- To catch and prevent from being free
- To take control of a place or object by force
plus
US / plʌs /
•UK / plʌs /
- noun
- A benefit or advantage
- preposition
- In addition; add
- In addition to; Indicates a number above
- Having a value greater than zero
retain
US / rɪ'teɪn /
•UK / rɪˈten /
- verb
- To continue to have or use; keep the quality of
- To keep one thing inside another for a time
- To memorize information
reason
US / 'ri:zn /
•UK / ˈrizən /
- noun
- Ability to think about facts and form a judgment
- Explanation for why something occurred or was done
- verb
- To think and make conclusions in a logical manner
scenario
US / sɪˈnɑː.ri.əʊ /
•UK / səˈner.i.oʊ /
- noun
- An imagined sequence of events in a plan/project
how
US / haʊ /
•UK / haʊ /
- adjecitve
- To what degree? in what amount?
- adverb
- (Used to explain the way to do something)
- exclamation
- For what purpose or reason?
- (Used to ask someone or something's condition)
you
US / jʊ /
•UK / ju /
- pronoun
- Person someone is speaking or writing to
- Person or people in general
able
US / 'eɪbl /
•UK / ˈebəl /
- adjecitve
- Skilled; good at something
- Having the ability to do something
december
US / dɪˈsembə(r) /
•UK / dɪˈsɛmbɚ /
- noun
- The 12th month of the year
this
US / ðɪs /
•UK / ðɪs /
- adjecitve
- Used to indicate something already been discussed
- Used to indicate something happening around now
- adverb
- An indication by a physical motion or gesture
- A specific amount of
- determiner
- Person, thing, or idea near you
- pronoun
- Person, thing that has already been discussed
make
US / meɪk /
•UK / mek /
- noun
- Product made by a particular company; brand
- verb
- To arrange or prepare something e.g. dinner
- To get to (a place) on time
- To gain the status of (teacher, lawyer, etc.)
- To create something by putting things together
- To earn a certain amount of money at a job
- To cause or force a person to do something
- To cause something to happen or be formed
clear
US / klɪə(r) /
•UK / klɪr /
- adjecitve
- Empty; without anything in it or on it
- Being certain and without doubt
- Being without any streaks, spots, or cracks
- Easy to understand; well-explained; obvious
- adverb
- Completely; entirely; through the whole of
- Away from; free from
- verb
- To recover from or remove a problem
- To get rid of the entire contents of
- To give permission for something to happen
- To make a place or surface empty by removing
- To prove that someone is not guilty or to blame
could
US / kəd /
•UK / kʊd /
- other
- Past form of 'can' to mean have ability
- Used to ask for something politely, or to offer
enjoy
US / ɪnˈdʒɔɪ /
•UK / ɛnˈdʒɔɪ /
- verb
- To take pleasure in something
draw
US / drɔ: /
•UK / drɔ /
- noun
- Something that attracts people to visit a place
- A lottery or prize
- Result of a game, contest where the score is equal
- verb
- To attract attention to someone or something
- To get closer to or approach something or someone
- To influence a person's involvement in something
- To move an object by pulling
- To create an image using pen or pencil and paper
- To take one thing out of a container, etc.
- (Of 2 teams) to finish a game with the same score
see
US / si: /
•UK / si /
- verb
- To go on a date with someone
- To predict whether something is, or will be true
- To understand what someone says
- To use your eyes to look at something
- To visit a place often for sightseeing or pleasure
- To visit or meet with someone
- To find out by waiting or looking
- To watch (a game, movie or TV show)
with
US / wɪð /
•UK / wɪð, wɪθ /
- preposition
- As an employee of a certain company
- Against something or someone
- By using something as a means
- Due to; because of
- Including
- Possessing as a feature
- Related to
- (Of the manner/attitude by which you do something)
- Used to express that people or things are together
exercise
US / 'eksəsaɪz /
•UK / ˈɛksɚˌsaɪz /
- noun
- Physical activity to increase health and strength
- Set of questions in a text book
- verb
- To work out to become stronger and healthier
- To retain your ability or practice your skills
have
US / həv /
•UK / hæv /
- verb
- To drink, smoke, eat or use something
- To experience the effects of something
- To organize an event, or join in an activity
- To own, possess, or hold something
- To cause to happen or produce a particular effect
last
US / lɑ:st /
•UK / læst /
- adjecitve
- Most recent; the latest
- The one before
- adverb
- Final; with nothing following; after all others
- Most recent; the latest
- determiner
- The one at the end
- verb
- To remain or continue for a certain period of time
explore
US / ɪk'splɔ:(r) /
•UK / ɪkˈsplɔr /
- verb
- To examine something in detail to learn about it
- To travel to a place to discover more about it