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.
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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Related Terms
covered straddle
assignment appears in these other terms
assignment of mortgage, wage assignment, assignment to creditors, assignment of rents
assignment appears in the definitions of these other terms on BusinessDictionary.com
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