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The American Heritage Dictionary of Business Terms » knock-out option
knock-out option
knock-out option definition - business
knock-out option
An option that loses its entire value in the event the underlying asset crosses a predetermined price level.
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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knock-out option definition - finance
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