abandon
Definition 1
To choose not to exercise or sell an option. Abandonment occurs when the option is out of the money on the expiration date.
Definition 2
To voluntarily relinquish the rights of property ownership, usually real estate.
Cite this definition
'abandon
' appears in the definitions of these terms on BusinessDictionary.com
go/no-go decision, planned obsolescence, absentee landlord, constructive total loss (CTL), sunk cost
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