European option
From ACT Wiki
Jump to navigationJump to search
1.
An option which can be exercised only on its final maturity date.
2.
More specifically, a derivative that gives its holder the right to buy or to sell a certain amount of the underlying financial product on its date of expiry or for a short specific period (i.e. one day) just beforehand.
Also known as a 'European-style' option.
