An option issued by the firm to its shareholders to sell the firm one share of its common stock at a fixed price ( the strike price ) within a stated period ( the time to maturity ). The put right is "transferable" because it can be traded in the capital markets .
TRANSFERABLE PUT RIGHT
Meaning of TRANSFERABLE PUT RIGHT in English
Campbell R. Harvey. Hypertextual finance English glossary. Английский словарь гипертекстовых финансов. 2012