follow Dictionary.com

How do you spell Hannukah?

seller's option

noun
1.
(on the New York Stock Exchange) a special transaction that gives the seller the right to make late delivery of a security within a specified period, ranging from 5 to not more than 60 business days for stocks.
Origin
1930-1935
1930-35
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
Cite This Source

Word of the Day

Difficulty index for seller's option

Few English speakers likely know this word

Word Value for seller

6
8
Scrabble Words With Friends