- call option
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n.A contract giving its holder the right to purchase stock at a specific price by a specific date.
The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008.
- call option
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An option to buy a particular commodity or security at a fixed price for a certain amount of time. Sometimes simply called a "call." Compare: put optionCategory: Business, LLCs & CorporationsCategory: Personal Finance & Retirement
Nolo’s Plain-English Law Dictionary. Gerald N. Hill, Kathleen Thompson Hill. 2009.
- call option
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A right, but not an obligation, for a potential buyer to acquire an asset at a specified price (or a price to be calculated in accordance with a pre-agreed formula) and during a specified period. Call options can be used in joint ventures as a method of resolving deadlock situations; if A has a call option enforceable against B, A can require B to sell B's shares to him.Related links+ call option | call | call rightUSAcall option, Also known as a call and a call right.A right, but not an obligation, to acquire a specified asset (such as stock or LLC interests) at a set price (or a price to be calculated in accordance with a set formula) and during a specified period.Related terms
Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010.