European option

European option definition - business

European option

An option that can be exercised only on its expiration date, in contrast to the option available in the United States whereby the owner may exercise an option at any time up to and including the expiration date. Compare American 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.

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