The Law Dictionary

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AT-HIT OPTION Definition & Legal Meaning

Definition & Citations:

A BINARY OPTION that grants the buyer an immediate payoff equal to a fixed ASSET or cash value if the price of the UNDERLYING market reference breaches the BARRIER at any time during the transaction. See also ASSETATHIT OPTION, ATEXPIRY OPTION,BINARYBARRIER OPTION, CASHATHIT OPTION.

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