foreign currency option

foreign currency option definition - business

foreign currency option

The right to buy (a call option) or to sell (a put option) a foreign currency futures contract at a fixed price until a specified date.

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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