1 definition found for this term.
Definitions are presented in the order source books were published (most recent first).
Financial Skills for Professionals$65.00 – $104.00
A contract that gives its owner the right (but not the obligation) to buy (call option) or sell (put option) some asset at a fixed price on or before a given date. For that right, the option holder (or buyer) pays the option writer (or seller) a premium.