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/eurovoc (pub)
option contract
Alternative labels (en):
- call option
- put option
- option market
- traded option
In scheme:
Broader:
Definition (en):
An option is a financial instrument that gives the owner the right, but not the obligation, to buy or sell specific assets (e.g. a bond or a stock) at a predetermined price (the strike or exercise price) at or up to a certain future date (the exercise or maturity date). Source: ECB website glossary. Available at: https://www.ecb.europa.eu/home/glossary/. (Accessed: 16/07/2014).