Belgian option

Belgian option definition - finance
An option that pays off on a partial basis as the underlying security moves from its initial cash price to the strike price. If the instrument is in-the-money at expiration, then it also pays off just as a regular option does.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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