assignment

Definition 1

The receipt of an exercise notice by an option writer that requires him/her to sell the security in the case of a call option, or to buy the security in the case of a put option, at the specified strike price. Here, also called exercise assignment or exercise notice.

Definition 2

The transfer of ownership of an asset from one person to another.

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'assignment ' appears in the definitions of these terms on BusinessDictionary.com



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