Help Wordnik hunt for a million missing words by backing our Kickstarter!


from The American Heritage® Dictionary of the English Language, 4th Edition

  • n. The fixed price at which the owner of an option can purchase, in the case of a call, or sell, in the case of a put, the underlying security or commodity.


Sorry, no etymologies found.


Sorry, no example sentences found.


Log in or sign up to get involved in the conversation. It's quick and easy.