buyer's option

buyer's option
Literally, any option which a purchaser may be entitled to under the contract of purchase; technically, the right of the buyer of securities on margin to pay or tender the amount owing to the broker and receive the securities. 12 Am J2d Brok § 133.

Ballentine's law dictionary. . 1998.

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Look at other dictionaries:

  • Buyer's option — Option Op tion, n. [L. optio; akin to optare to choose, wish, optimus best, and perh. to E. apt: cf. F. option.] 1. The power of choosing; the right of choice or election; an alternative. [1913 Webster] There is an option left to the United… …   The Collaborative International Dictionary of English

  • Buyer's Option — In commercial contracts, an agreement between a vendor and a buyer that defines price and specifications over a specified time period for a product, but does not stipulate the quantity of the product that the buyer is obligated to purchase. In… …   Investment dictionary

  • 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 …   Useful english dictionary

  • buyer's option — right to purchase within a specific period of time …   English contemporary dictionary

  • Option — Op tion, n. [L. optio; akin to optare to choose, wish, optimus best, and perh. to E. apt: cf. F. option.] 1. The power of choosing; the right of choice or election; an alternative. [1913 Webster] There is an option left to the United States of… …   The Collaborative International Dictionary of English

  • Option (finance) — Stock option redirects here. For the employee incentive, see Employee stock option. Financial markets Public market Exchange Securities Bond market Fixed income …   Wikipedia

  • Buyer's Call — An agreement between a buyer and seller whereby a commodity purchase occurs at a specific price above a futures contract for an identical grade and quantity. Also known as a call sale, this agreement gives the buyer the option to fix the price of …   Investment dictionary

  • option — op·tion 1 / äp shən/ n 1: the power or right to choose; also: a choice made or available 2: a privilege of demanding fulfillment of a contract on any day within a specified time 3: a contract conveying in exchange for the payment of a premium a… …   Law dictionary

  • option — an agreement, often for a consideration, which permits the purchase or sale of something within a stipulated time, in accordance with the terms of the agreement. For example, a right by a tenant to take up a further lease of premises, usually… …   Financial and business terms

  • Option — Gives the buyer the right, but not the obligation, to buy or sell an asset at a set price on or before a given date. Investors, not companies, issue options. Investors who purchase call options bet the stock will be worth more than the price set… …   Financial and business terms

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