TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

uncovered option [1 record]

Filter results by subject field Alphabetical list of terms

Filter results by subject field

Alphabetical list of terms

Record 1 1999-05-07

English

Subject field(s)
  • Stock Exchange
  • Investment
DEF

Option contract in which the seller does not possess the underlying asset, which would be necessary in the event that the option is exercised.

CONT

The Mutual Fund may not write uncovered options but may write covered corporation clearing options provided that the market value of securities underlying the options written shall not exceed 10 percent of the funds equity investment portfolio.

OBS

uncovered option: term and definition reproduced from the CAPITAL Business Dictionary with the permission of LID Editorial Empresarial.

OBS

Compare with "covered option".

French

Domaine(s)
  • Bourse
  • Investissements et placements
DEF

Contrat d'option pour lequel le donneur n'a pas de position en compte sur l'actif sous-jacent à l'option donnée.

OBS

option non couverte : terme extrait du CAPITAL Business Dictionary et reproduits avec l'autorisation de LID Editorial Empresarial.

Spanish

Campo(s) temático(s)
  • Bolsa de valores
  • Inversiones
DEF

Contrato de opción en el que el vendedor de la opción no posee la inversión subyacente, que necesitará en el caso de que se le ejecute la opción.

OBS

opción no cubierta: término y definición extraídos del CAPITAL Business Dictionary con la autorización de LID Editorial Empresarial.

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TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
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