put guarantee letter Finance Definition
A letter from a bank or other financial institution
that says that the writer of the put option has sufficient funds on deposit at
the bank to be able to buy the securities that the put has been written on. See
also put.
Browse dictionary entries near put guarantee letter
- ‹ put forward
- ‹ put forth
- ‹ put emphasis on
- ‹ put-down
- ‹ put-call ratio
- ‹ put-call parity
- ‹ put by
- ‹ put back
- ‹ put away
- ‹ put aside
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