MLchartDataset catalogue

Option

Term · Law · MLC-T-LAW-003562

A contractual agreement that grants one party the right, but not the obligation, to buy or sell an asset or to enter into another contract at a specified price within a certain period. The party holding the option pays a premium for this right. Options are common in real estate, securities, and other financial markets.

Table 1. Record
IdentifierMLC-T-LAW-003562
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-003562",
  "term": "Option",
  "field": "Law",
  "definition": "A contractual agreement that grants one party the right, but not the obligation, to buy or sell an asset or to enter into another contract at a specified price within a certain period. The party holding the option pays a premium for this right. Options are common in real estate, securities, and other financial markets.",
  "url": "https://mlchart.com/terminology/law/option/"
}

Record 3,558 of 5,441 in Law terminology (MLC-0107). Request the full dataset.