What is the definition of Underperformance option? | Dictionary.net

UNDERPERFORMANCE OPTION

\ˌʌndəpəfˈɔːməns ˈɒpʃən], \ˌʌndəpəfˈɔːməns ˈɒpʃən], \ˌʌ_n_d_ə_p_ə_f_ˈɔː_m_ə_n_s ˈɒ_p_ʃ_ə_n]\

Definitions of UNDERPERFORMANCE OPTION

1910 - Black's Law Dictionary (2nd edition)

Sort: Oldest first

An option that can be paid off if the reference asset underperforms against a strike price. Refer to outperformance spread and spread option.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

Word of the day

drill site

workplace that is the site of a drill hole

View More

Nearby Words