Meaning PUT GUARANTEE LETTER: A bank's letter certifying that the person writing a put option has sufficient funds in an account to cover the exercise price if required
More terms such as Put guarantee letter in Dictionary P.
- Definition Placement:
- Examples A bank depositing Eurodollars with (selling Eurodollars to) another bank is often said to be making a placement put guarantee letter definition.
- Definition Proceeds Sale:
- Examples OTC securities sale whose revenue is used to buy another security put guarantee letter explain.
- Definition Preferred Habitat Theory:
- Examples expectations theory that believes the term structure reflects the expectation of the future path of interest rates as well as risk premium. The theory rejects the assertion that the risk premium must put guarantee letter what is.
- Definition Pure Discount Bond:
- Examples A bond that will make only one payment of principal and interest. Also called a zero-coupon bond or a single-payment bond put guarantee letter meaning.
- Definition Position Trader:
- Examples A commodities trader who takes a long-term approach in maintaining positions in the market and does not close out of these positions until close to the delivery date put guarantee letter abbreviation.
