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Meaning of “European option” in the English Dictionary

"European option" in Business English

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European optionnoun [C]

uk   us   (also European-style option) FINANCE
an option (= the ​right to ​buy or ​sellshares, ​bonds, or ​currencies for a ​fixedprice on a particular ​date) that can only be ​traded on the day it ​ends and at the ​price given on that day
(Definition of European option from the Cambridge Business English Dictionary © Cambridge University Press)
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