When an option is turned into its intrinisic value and it than in the money.

A trader who sells call options or put options, and must perform as instructed by the option buyer.

The simultaneous buying and selling of multiple options on the same underlying asset .

the granting of a right to the potential purchaser to be able top buy the product at a certain price.

In a contract, this clause allows the buyer, obligor or a lessee to renew a concluded contract for another term.

the term used in leases where the tenant or the landlord has a right to terminate the lease under certain conditions.

The convexity of an option after its adjusted to the embedded options.

The value given to bonds with embedded options.

The yield of a bond if it held until maturity.

the term given to a bond that is able to be called for payment at a date before it comes to maturity.

Insurance coverage provided by a policy that is beyond required by law. Includes Collision Coverage and Comprehensive Coverage .

Bill of lading that allows a shipment to be discharged in multiple parts at multiple locations.

A dividend that may be paid to a shareholder in the form of cash or additional shares.

The different ways in which a policy can pay out to a beneficiary .

In old England practice. That species of original writ, otherwise called a “praecipe,” which was framed in the alternative , commauding the defend OPUS 857 ORDER ant to do the […]

An insurance contract that can be terminated by the insurer only on its anniversary or its due to date, but at no other point.

The recipient of option rights from an optioner.

The deliverer of option rights to an optionee.

Lat. Work; labor; the product of work or labor.

A term used in heraldry, and signifying gold; called “sol-‘ by some heralds when it occurs in the arms of princes, and “topaz”‘ or “carbuncle” when borne by peers. Engravers […]

An instruction to buy shares at a set price or lower, or to sell shares at a set price or higher.

A contract term that stipulates any replacement items must be equal to the specified item in all relevant respects.

Term used for second hand items that describes limited scope for negotiation with the buyer.

A Saxon coin, valued at sixteen pence, and sometimes at twenty pence.

In the civil law . The name of a kind of response or sentence given by the Roman emperors.