covered call Meaning in the Cambridge English Dictionary
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Meaning of “covered call” in the English Dictionary

"covered call" in Business English

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covered callnoun [C]

uk   us   (also covered call option)
FINANCE an ​agreement that ​allows you to ​buyshares, bonds, etc. at a ​fixedprice before a ​fixeddate from a ​seller who already ​owns them
(Definition of covered call from the Cambridge Business English Dictionary © Cambridge University Press)
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