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Option
A contract that entitles the holder to buy or sell a number of shares (usually 100) of a particular common stock at a predetermined price (see strike price) on or before a fixed expiration date.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Financial services
- Category: Funds
- Company: Merrill Lynch
- Product:
- Acronym-Abbreviation:
Other Languages:
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