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nonequity option

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Financial Dictionary

nonequity option

An option for which the underlying asset is anything other than stock. Nonequity options include commodity options, currency options, debt options, and stock index options. Compare equity option. See also Section 1256 contracts.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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