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lapsed option

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Financial Dictionary

lapsed option

An option that remains unexercised after its expiration. A lapsed option has no value.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
Cite This Source
Cost Basis Software
Comply with New Regulations Reporting Realized Gain/Loss
www.sungard.com
Option
Advanced Options Trading Technology From Industry Leading optionsXpress
www.optionsXpress.com
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