exotic options

exotic options definition - finance
A name given to options products developed beginning in the mid-1980s that were created to manage financial risk in increasingly creative ways. Several examples of exotic options are barrier options, Asian options, and Bermuda options. See also barrier option and Bermuda option.

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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