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English definition of “strike price”

strike price

noun [C]
 
 
(also striking price) FINANCE
the price at which someone who has an options contract (= agreement giving the right to buy and sell particular shares, etc. in the future) can buy or sell the shares, etc. mentioned in it: The company granted workers additional options with a strike price of $8.91. → See also exercise price
(Definition of strike price from the Cambridge Business English Dictionary © Cambridge University Press)
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