Meaning BASKET OPTIONS: Packages that involve the exchange of more than two currencies against a base currency at expiration. The basket option buyer purchases the right, but not the obligation, to receive designated currencies in exchange for a base currency, either at the prevailing foreign exchange market rate or at a prearranged rate of exchange. Multinational corporations with multicurrency cash flows frequently use basket options because it is generally cheaper to buy an option on a basket of currencies than to buy individual options on each of the currencies that make up the basket
More terms such as Basket options in Dictionary B.
- Definition Brussels Stock Exchange (BSE):
- Examples Stock exchange that handles the majority of securities transactions in Belgium basket options definition.
- Definition Buyout:
- Examples Purchase of a controlling interest (or percent of shares) of a company's stock. A leveraged buy out is effected with borrowed money basket options explain.
- Definition Blow-Off Top:
- Examples A steep and rapid increase in price followed by a steep and rapid drop. This is an indicator seen in charts and used in technical analysis of stock price and market trends basket options what is.
- Definition Bank Draft:
- Examples A draft addressed to a bank basket options meaning.
- Definition "Back Up The Truck":
- Examples In the context of general equities, Prepare for a very large buyer basket options abbreviation.
