Mineral rights are the privileges granted to an individual or entity to extract and profit from the sale of natural resources such as oil, gas, and other minerals located on or beneath the surface of a piece of land. These rights can be sold or leased separately from the ownership of the land itself.
In the world of finance, a portfolio refers to the collection of investments held by an individual or institution. This diversified set of holdings could include stocks, bonds, commodities, real estate, and other assets.
Premium income refers to the income received by an investor who sells a put option or a call option. This income serves as compensation for the risk taken by writing the options.
A revenue center is an area within an organization designated for generating income without being responsible for costs associated with production or service delivery.
