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Also available:
U.S. English Dictionary
Dictionnaire Français
path dependent option
path dependent option
(
plural
path dependent options
)
noun
Definition:
finance
option depending on price movement:
an option whose value is determined by the trend in the price of its underlying assets over time rather than by the final asset price
Encarta® World English Dictionary [World English Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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