seller's option
1Seller's option — Option Op tion, n. [L. optio; akin to optare to choose, wish, optimus best, and perh. to E. apt: cf. F. option.] 1. The power of choosing; the right of choice or election; an alternative. [1913 Webster] There is an option left to the United… …
2Seller's Option — The right of a forward contract seller to choose some of the specifications of a commodity to be delivered. The choices about the delivered commodity s quality and delivery specifications must fit among the limits imposed by the terms of the… …
3seller's option — The option of a seller of a commodity upon an exchange to deliver the same at any time within a month. Pixley v Boynton, 79 Ill 351. The option of the vendor in a contract of sale of personalty to accept money or something else of equivalent… …
4seller's option — noun : an option allowed to one who contracts to sell stocks to make delivery within a specified period usually not less than five business days nor more than 60 days after the date of the contract * * * (on the New York Stock Exchange) a special …
5seller's option — (on the New York Stock Exchange) a special transaction that gives the seller the right to make late delivery of a security within a specified period, ranging from 5 to not more than 60 business days for stocks. [1930 35] * * * …
6seller's option — delayed settlement/delivery in a transaction. Bloomberg Financial Dictionary …
7Option — Op tion, n. [L. optio; akin to optare to choose, wish, optimus best, and perh. to E. apt: cf. F. option.] 1. The power of choosing; the right of choice or election; an alternative. [1913 Webster] There is an option left to the United States of… …
8option of equivalent value — See seller s option …
9Seller financing — is a loan provided by the seller of a property to the buyer, to cover part or all of the sale price. This process, also known as owner carry back or owner financing, is used in a variety of situations as a creative financing option. Examples are… …
10Option writer — Option seller. The New York Times Financial Glossary * * * An institution or individual that sells an option and thereby commits to buy or sell the underlying at a predetermined strike price in exchange for the premium paid by the option… …
