What is PUT ON THE BEST OF NASSETS?
An option that pays the ending price if it is below strike price. Otherwise there is no payoff.
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Related Legal Terms
PUT ON THE WORST OF NASSETS, ASIAN OPTION, AVERAGE PRICE OPTION, CALL ON THE MAXIMUM, CASH-AT-HIT OPTION, CASH-AT-EXPIRY OPTION, DEFAULT OPTION, CREDIT SPREAD OPTION, BINARY-BARRIER OPTION, BASKET OPTIONLink to This Definition
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