Word | Noun | Adjective | Verb | Adverb |
---|---|---|---|---|
option | Yes | No | No | No |
derivative instrument | Yes | No | No | No |
option (noun) | derivative instrument (noun) |
---|---|
the act of choosing or selecting | a financial instrument whose value is based on another security |
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 |