bn:00059228n
Noun Concept
Categories: Articles with short description, Use mdy dates from August 2014, Options (finance), All articles lacking reliable references, Contract law
EN
option  option contract  Vest date  Calls and puts  equity options
EN
The right to buy or sell property at an agreed price; the right is purchased and if it is not exercised by a stated date the money is forfeited WordNet 3.0
English:
law
finance
Definitions
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Sources
EN
The right to buy or sell property at an agreed price; the right is purchased and if it is not exercised by a stated date the money is forfeited WordNet 3.0 & Open English WordNet
An option contract, or simply option, is defined as "a promise which meets the requirements for the formation of a contract and limits the promisor's power to revoke an offer". Wikipedia
In finance, an option is a contract which conveys to its owner, the holder, the right, but not the obligation, to buy or sell a specific quantity of an underlying asset or instrument at a specified strike price on or before a specified date, depending on the style of the option. Wikipedia
A type of legal contract Wikipedia Disambiguation
An instrument that conveys the right, but not the obligation, to engage in a future transaction, or in a futures contract Wikipedia Disambiguation
Financial derivative conferring the right to to buy or sell a certain thing at a later date at an agreed price Wikidata
A contract giving the holder the right to buy or sell an asset at a set strike price; can apply to financial market transactions, or to ordinary transactions for tangible assets such as a residence or automobile. Wiktionary