buyer's option
noun
: an option allowed to one who contracts to buy stocks at a certain future date and at a certain price to demand instead the delivery of the stock (giving one day's notice) at any previous time at the market price
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“Buyer's option.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/buyer%27s%20option. Accessed 25 Nov. 2024.
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