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Term of the Day
fiduciary call
fiduciary bond
fiduciary certification
Definition
A
strategy
used in
limiting
the
costs
that are
related
to exercising a
call option
. Used with both American and
European options
. This is considered a good way to
cover
the
cost
of exercising
stock
if an
investor
has
cash
available
in which to do so.
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