Outrageously Funny Word Dictionary :: Optionary

👉 The term "optionary" is commonly used in financial markets to describe a type of derivative or investment instrument that allows its holder to buy or sell an underlying asset at a predetermined price before a specified date, known as the expiration date. This means that the holder can take advantage of the potential gains and losses associated with the underlying asset without having to actually purchase it. In essence, an optionary instrument is a contract between two parties where one party has the right but not the obligation to buy or

optionary