currency put option

Definition

A type of put option that gives the buyer the right (but not the obligation) to sell a currency for a specific price within a predetermined period of time. Various types of currency call options exist on the market, including ones denominated in US dollars or Euros.
Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
currency pair currency risk