life of contract

life of contract definition - business

life of contract

In futures or options trading, the period of time in which trading can occur before the expiration or settlement. In general, a longer life makes an option more valuable.

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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