SPLIT-FEE OPTION


Meaning of SPLIT-FEE OPTION in English

An option on an option. The buyer generally executes the split fee with first an initial fee, with a window period at the end of which (upon payment of a second fee) the original terms of the option may be extended to a later predetermined final notification date.

Campbell R. Harvey. Hypertextual finance English glossary.      Английский словарь гипертекстовых финансов.