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Bermudan option

noun

Etymology

Play on words due to the cultural, geographic, and political similarities between Bermuda alongside both the Americas and Europe and the fact that this financial option has elements of both American and European styles.

Definitions

  1. An option that can be exercised at specific dates between issue date and expiry date.…

    An option that can be exercised at specific dates between issue date and expiry date. Sometimes known as a mid-Atlantic option.

The neighborhood

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sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA