TERMIUM Plus®
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OPTION BAS PRIX EXERCICE [1 record]
Record 1 - internal organization data 2009-04-20
Record 1, English
Record 1, Subject field(s)
- Investment
- Stock Exchange
Record 1, Main entry term, English
- low exercise price option
1, record 1, English, low%20exercise%20price%20option
correct
Record 1, Abbreviations, English
- LEPO 1, record 1, English, LEPO
correct
Record 1, Synonyms, English
Record 1, Textual support, English
Record number: 1, Textual support number: 1 CONT
A low exercise price option (LEPO) is a call option with an exercise price set deep in-the-money. The limiting case, a zero exercise price option, is when the strike price is zero. It is virtually certain to be exercised and the value and performance of its intrinsic value is effectively identical to that of the underlying equity. These features are designed to allow participation in the performance of an equity price where there are legal or financial obstacles to purchasing the underlying [equity] directly. 2, record 1, English, - low%20exercise%20price%20option
Record 1, French
Record 1, Domaine(s)
- Investissements et placements
- Bourse
Record 1, Main entry term, French
- option à bas prix d'exercice
1, record 1, French, option%20%C3%A0%20bas%20prix%20d%27exercice
correct, feminine noun
Record 1, Abbreviations, French
Record 1, Synonyms, French
Record 1, Textual support, French
Record number: 1, Textual support number: 1 DEF
Option d'achat dont le prix d'exercice a été établi à un niveau relativement bas, profondément dans le cours, de sorte qu'il est pratiquement certain qu'elle sera exercée et que sa valeur intrinsèque correspond effectivement à celle du sous-jacent. 2, record 1, French, - option%20%C3%A0%20bas%20prix%20d%27exercice
Record number: 1, Textual support number: 1 OBS
Ce type d'option est utilisé lorsqu'il y a des obstacles financiers ou juridiques empêchant l'acquisition du sous-jacent lui-même. 2, record 1, French, - option%20%C3%A0%20bas%20prix%20d%27exercice
Record 1, Spanish
Record 1, Textual support, Spanish
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