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put option

n.
1.an option to sell
2.the option to sell a given stock (or stock index or commodity future) at a given price before a given date

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  • kenneth grahame
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    Idiom of the Day

    reach one's stride
    to do something at one's best level of ability
    The woman has finally reached her stride as a very good sales representative.



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    Fourteen years before the Titanic sank, novelist Morgan Robertson published a novel called Futility. The story was about an ocean liner that struck an iceberg on an April night. The name of the ship in his novel was The Titan.      .. More >>
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