TERMIUM Plus®
The Government of Canada’s terminology and linguistic data bank.
LEVER OPTION [2 records]
Record 1 - internal organization data 2012-04-03
Record 1, English
Record 1, Subject field(s)
- Stock Exchange
- Investment
Record 1, Main entry term, English
- exercise an option
1, record 1, English, exercise%20an%20option
correct
Record 1, Abbreviations, English
Record 1, Synonyms, English
- excercise 2, record 1, English, excercise
correct, verb
Record 1, Textual support, English
Record number: 1, Textual support number: 1 CONT
A buyer of a call may exercise his option in order to receive the dividend. If he did so the day before the stock traded "ex-dividend," the naked call writer might not receive the notice until the next day and he would owe the dividend but he would not receive it on the shares which he purchased to effect delivery against his assignment notice. He would, therefore, be "out" the dividend, thus affecting his profitability. 1, record 1, English, - exercise%20an%20option
Record 1, French
Record 1, Domaine(s)
- Bourse
- Investissements et placements
Record 1, Main entry term, French
- lever une option
1, record 1, French, lever%20une%20option
correct
Record 1, Abbreviations, French
Record 1, Synonyms, French
- lever 2, record 1, French, lever
correct, verb
- exercer 2, record 1, French, exercer
correct
Record 1, Textual support, French
Record number: 1, Textual support number: 1 DEF
Pour l'acheteur d'une option, demander l'exécution de l'opération convenue en se prévalant du droit que lui confère le contrat d'option. 2, record 1, French, - lever%20une%20option
Record number: 1, Textual support number: 1 CONT
L'acheteur d'une option d'achat peut lever son option afin de recevoir le dividende. S'il l'a fait la veille du jour où l'action s'est négociée «ex-dividende», le vendeur initial de l'option d'achat découverte pourrait ne pas recevoir l'avis avant le jour suivant et il devrait le dividende, mais il ne le recevrait pas sur les actions qu'il a achetées afin d'effectuer la livraison relative à son avis d'assignation, ce qui réduirait son profit [...] 1, record 1, French, - lever%20une%20option
Record 1, Spanish
Record 1, Campo(s) temático(s)
- Bolsa de valores
- Inversiones
Record 1, Main entry term, Spanish
- ejercitar
1, record 1, Spanish, ejercitar
correct
Record 1, Abbreviations, Spanish
Record 1, Synonyms, Spanish
Record 1, Textual support, Spanish
Record number: 1, Textual support number: 1 DEF
Requerir el comprador de una opción de compra o de venta al vendedor de la misma, para que éste cumpla con la obligación de entregar o recibir el activo subyacente, tal como se especificó en el contrato entre ambos. 1, record 1, Spanish, - ejercitar
Record number: 1, Textual support number: 1 OBS
El vendedor de la opción de compra debe entregar los títulos, y el vendedor de la opción de venta debe recibirlos. 1, record 1, Spanish, - ejercitar
Record 2 - internal organization data 2004-05-04
Record 2, English
Record 2, Subject field(s)
- Property Law (common law)
Record 2, Main entry term, English
- exercise an option
1, record 2, English, exercise%20an%20option
correct
Record 2, Abbreviations, English
Record 2, Synonyms, English
Record 2, Textual support, English
Record number: 2, Textual support number: 1 CONT
An option creates an equitable interest in land which is specifically enforceable once the optionee elects to exercise the option. Upon its exercise, it converts into an agreement for sale by operation of law and the relationship converts from optionor-optionee to vendor-purchaser. An option has been held to be an interest in land, hence a caveat should be filed to protect the interest of the optionee. (Sterk, 1981, p. 41) 2, record 2, English, - exercise%20an%20option
Record 2, French
Record 2, Domaine(s)
- Droit des biens et de la propriété (common law)
Record 2, Main entry term, French
- lever une option
1, record 2, French, lever%20une%20option
correct
Record 2, Abbreviations, French
Record 2, Synonyms, French
Record 2, Textual support, French
Record 2, Spanish
Record 2, Textual support, Spanish
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