SELLER'S OPTION


Meaning of SELLER'S OPTION in English

(on the New York Stock Exchange) a special transaction that gives the seller the right to make late delivery of a security within a specified period, ranging from 5 to not more than 60 business days for stocks.

[ 1930-35 ]

Random House Webster's Unabridged English dictionary.      Полный английский словарь Вебстер - Random House .