definitions
  • synonyms

seller's option


noun

(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.

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Nearby words

sella turcica, sellafield, sellar, seller, seller's market, seller's option, sellers, sellers screw thread, sellers' market, sellick's maneuver, selling

Origin of seller's option

First recorded in 1930–35
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019