A contract that, in exchange for the option price, gives the option buyer the right, but not the obligation, to buy (or sell) a financial asset at the exercise price from (or to) the option seller within a specified time period, or on a specified date (expiration date).
Similar Matches
Bank Investment Contract (BIC)
Bank Investment Contract (BIC) Interest guaranteed by the bank in a
Interest over a specific time frame with
a specific Interest.
Bullet contract
Bullet contract A guaranteed investment contract purchased with a single (one-shot) premium. Related: Window contract.
Cash settlement contracts
Cash settlement contracts Futures contracts such as stock index futures that settle for cash and do not involve delivery of the underlying.