Asian option

Asian option definition - business

Asian option

An option with a payoff that depends on the average price of the underlying asset during a period of time during the life of the option. Compare American option. See also European option.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

Comments
Improve this definition.
Do you have more to add? Share your linguistic knowledge or observation.
/Register to save your comments.