put option

Definitions

Accounting

Economics

  • noun the right to sell shares at a certain price at a certain date.

Forex

  • A contract that confers upon its buyer the right to sell an underlying asset to the contract's seller, but not the obligation to do so, at a specific price and by a particular date. Since currencies trade in pairs, a put on the base currency in the forex options market is also a call on the counter currency.
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