TRANSFERABLE PUT RIGHT


Meaning of TRANSFERABLE PUT RIGHT in English

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 .

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