TERMIUM Plus®

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

CLIQUET [1 record]

Record 1 2004-03-10

English

Subject field(s)
  • Investment
  • Currency and Foreign Exchange
  • Banking
CONT

A ratchet will lock in any gains based on time, as opposed to price, thresholds (i.e. it will lock in the gains each quarter or semi-annual period).

French

Domaine(s)
  • Investissements et placements
  • Politique monétaire et marché des changes
  • Banque
DEF

Option qui permet à l'acheteur de bloquer ses gains réalisés sur le sous-jacent au cours d'intervalles déterminés pendant la durée de l'option, de sorte que ces gains lui restent acquis même en cas de mouvement inverse ultérieur.

OBS

À la fin d'un intervalle donné, le prix d'exercice est amené au niveau du sous-jacent utilisé pour la détermination du gain intermédiaire.

Spanish

Save record 1

Copyright notice for the TERMIUM Plus® data bank

© Public Works and Government Services Canada, 2021
TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
A product of the Translation Bureau

Features

Language Portal of Canada

Access a collection of Canadian resources on all aspects of English and French, including quizzes.

Writing tools

The Language Portal’s writing tools have a new look! Easy to consult, they give you access to a wealth of information that will help you write better in English and French.

Glossaries and vocabularies

Access Translation Bureau glossaries and vocabularies.

Date Modified: