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option vs Bermudan option

Bermudan option vs option

option and Bermudan option both are nouns.

Word NounAdjectiveVerbAdverb
option Yes No No No
Bermudan option Yes No No No
As nouns, Bermudan option is a hyponym of option; that is, Bermudan option is a word with a more specific, narrower meaning than option:
  • option: the right to buy or sell property at an agreed price; the right is purchased and if it is not exercised by a stated date the money is forfeited
  • Bermudan option: an option where the buyer has the right to exercise at a set (always discretely spaced) number of times.
option (noun) Bermudan option (noun)
the act of choosing or selecting an option where the buyer has the right to exercise at a set (always discretely spaced) number of times.
one of a number of things from which only one can be chosen
the right to buy or sell property at an agreed price; the right is purchased and if it is not exercised by a stated date the money is forfeited
Difference between option and Bermudan option

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