option contract

option contract
option contract see contract

Merriam-Webster’s Dictionary of Law. . 1996.

option contract
n.
A contract in which one party promises to keep an offer open (such as an offer to sell property) for a specified period of time, usually in return for consideration. See also stock option

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.

Игры ⚽ Поможем написать курсовую

Look at other dictionaries:

  • Option contract — Contract law Part …   Wikipedia

  • option contract — A unilateral contract giving the buyer the right, but not the obligation, to buy or sell a commodity, or a futures contract, at a specified price within a certain time period. It is unilateral because only one party (the buyer) has the right to… …   Financial and business terms

  • option contract — agreement which allows one party to choose whether or not to participate in the agreement …   English contemporary dictionary

  • Option contract —   The right but not the obligation to buy or sell a specific quantity of an underlying instrument on or before a specific date in the future …   International financial encyclopaedia

  • option contract — / ɒpʃən ˌkɒntrækt/ noun a right to buy or sell shares at a fixed price …   Dictionary of banking and finance

  • option — op·tion 1 / äp shən/ n 1: the power or right to choose; also: a choice made or available 2: a privilege of demanding fulfillment of a contract on any day within a specified time 3: a contract conveying in exchange for the payment of a premium a… …   Law dictionary

  • contract — con·tract 1 / kän ˌtrakt/ n [Latin contractus from contrahere to draw together, enter into (a relationship or agreement), from com with, together + trahere to draw] 1: an agreement between two or more parties that creates in each party a duty to… …   Law dictionary

  • Option — may refer to Contents 1 Legal rights 2 Sport 3 Computing 4 Publications 5 History …   Wikipedia

  • Option (finance) — Stock option redirects here. For the employee incentive, see Employee stock option. Financial markets Public market Exchange Securities Bond market Fixed income …   Wikipedia

  • option — an agreement, often for a consideration, which permits the purchase or sale of something within a stipulated time, in accordance with the terms of the agreement. For example, a right by a tenant to take up a further lease of premises, usually… …   Financial and business terms

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