With respect to option contracts and other types of derivatives, it refers to the feature allowing the holder (the long)…

A path-dependent option in which the payoff is based on an average of underlying asset prices, interest rates, indices, or…

An option that combines an Asian option with an American option. Effectively, the combination produces an Asian option which allows…

A capped call which has the features of an American option (American-style option). More specifically, it is a call option…

A Parisian option which gives the holder the right to exercise during the whole life span of the option, including...

The time on an option‘s expiration date after which the option no longer exists. It is at this time that…

An option that can be exercised on discrete dates before expiration, such as the first of every month. This option...

An option (lookback option) that can be exercised at any time before, and including, expiration date. This type of options...

An option that combines an Asian option with an American option. Effectively, the combination produces an Asian option which allows...

A one-touch option which pays a preset amount at the point when the underlying touches the barrier, rather than at...