- settlement option
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settlement option see option 4
Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.
settlement option
Look at other dictionaries:
settlement option — An option provided for the insured under a life insurance policy, respecting the method and time of payment of the proceeds of the insurance. An option provided the annuitant under an annuity contract in reference to taking a straight annuity, an … Ballentine's law dictionary
settlement option — noun 1. : an option giving to an insured or his beneficiary a choice as to how the liability of an insurance company under its policy is to be discharged 2. : an option of an insurer (as in fire insurance) to repair or rebuild instead of paying… … Useful english dictionary
settlement option — Insurance. any of the options, other than immediate payment in a lump sum, by which the policyholder or beneficiary may choose to have the benefits of a policy paid. * * * … Universalium
option — op·tion 1 / äp shən/ n 1: the power or right to choose; also: a choice made or available 2: a privilege of demanding fulfillment of a contract on any day within a specified time 3: a contract conveying in exchange for the payment of a premium a… … Law dictionary
settlement — Act or process of adjusting or determining; an adjusting; an adjustment between persons concerning their dealings or difficulties; an agreement by which parties having disputed matters between them reach or ascertain what is coming from one to… … Black's law dictionary
Option (finance) — Stock option redirects here. For the employee incentive, see Employee stock option. Financial markets Public market Exchange Securities Bond market Fixed income … Wikipedia
settlement price — The price at which an index futures or option contract is settled on the London International Financial Futures and Options Exchange Officially known as the Exchange Delivery Settlement Price (EDSP), the settlement price is calculated on the last … Big dictionary of business and management
exchange option — Option for the shareholders to exchange their securities for other securities and/or cash. Exchange options are mentioned in the terms and conditions of a security and are valid during the whole lifetime of a security unless otherwise stated by… … Financial and business terms
Debt settlement — Debt settlement, also known as debt arbitration, debt negotiation or credit settlement, is an approach to debt reduction in which the debtor and creditor agree on a reduced balance that will be regarded as payment in full.[1] Debt settlement is… … Wikipedia
physical settlement — Settlement occurs when a financial instrument reaches maturity or expires. A financial instrument is physically settled if the underlying asset is delivered or transferred to the counterparty in exchange for a specified payment. For example, if… … Law dictionary
