option
A contract that permits one party to buy from (or sell to) the other party something at a prespecified price during a prespecified period of time, leaving the choice of whether to do this or not (whether to "exercise" the option) up to the first party, which buys the option. Options exist for many assets, including foreign exchange.
Browse by Subjects
Clearing Margin
International Monetary Market (IMM)
Writing Naked
foreign exchange market
vega
See All Related Terms »

ABC
business angel network
actuals
year end closing
emoluments