Define Option contract. Option contract synonyms, Option contract pronunciation, Option contract translation, English dictionary definition of Option contract. n. 1. The act of choosing; choice: Her option was to quit school and start her own business. 2
Related to Options contract:call option op·tion (ŏp′shən) n. 1.The act of choosing; choice:Her option was to quit school and start her own business. 2.The power or freedom to choose:We have the option of driving or taking the train. ...
An option is a type of contract that is used in the stock and commodity markets, in the leasing and sale of real estate, and in other areas where one party wants to acquire the legal right to buy something from or sell something to another party within a fixed period of time. In the...
Base price of theOptions Contractsshall be theoretical price on Black76 option pricing model on the first day of the contract. Please refer to the section of this Prospectus entitled “Certain Investment Risks” and “General – Conflicts of Interest” and, in particular but without limitation, ...
— option contract : a contract in which a time period is specified within which an offer must be accepted — output contract : a contract in which the buyer agrees to buy and the seller agrees to sell all of a kind of goods that the seller produces ...
The meaning of CONTRACT is a binding agreement between two or more persons or parties; especially : one legally enforceable. How to use contract in a sentence. Synonym Discussion of Contract.
Learn about option contracts. Understand what an option contract is, learn how option contracts work in real estate, and see examples of option...
Option Contractmeans a standardised contract the effect of which is that a person acquires the option— Termination Option Eventmeans an event of a kind defined as such in Section 4.1, 4.2 or 4.8. Option Termmeans a period, if any, through which this Agreement may be or has been extended ...
contract 1) n. an agreement with specific terms between two or more persons or entities in which there is a promise to do something in return for a valuable benefit known as consideration. Since the law of contracts is at the heart of most business dealings, it is one of the three or ...
An options contract gives you the right to buy or sell an asset in the future at a price agreed today. Use this guide to learn more about what it is.