2. the option to sell a given stock (or stock index or commodity future) at a given price before a given date; [syn: put option, put]
WordNet (r) 3.0 (2006):
put option
n 1: an option to sell
2: the option to sell a given stock (or stock index or commodity
future) at a given price before a given date [syn: put
option, put] [ant: call, call option]