transferable option

transferable letter of credit
transferable underwriting facility (TRUF)

Definition

A contract that allows a position in the option market to be offset (i.e. transferred) to another holder, using the same contract. The new contract holder then has the right to exercise the option using the same terms. Opposite of non-transferable option.

Recommended Articles from InvestorGuide.com

Related Videos

Featured Advertiser

advertise here

Nearby Terms

Popular 'Options' Terms

Browse by Letter: #ABCDEFGHIJKLMNOPQRSTUVWXYZ