Naked Option at Legal Glossary
What is it? An opportunity to buy stock at a fixed price, offered by a seller who does not own the stock to back up the promise. If the buyer wants to exercise the option, the seller must purchase the stock at market price to make good on the offer.Law Definition Added By: Caleb
The Naked Option definition has been viewed 856 Time(s)!
Send To Friends!
If you'd like to send the Naked Option definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -We hope you now understand the meaning of Naked Option. If you need any more information on this term, please don't hesitate to contact us.
Other Similar Legal Terms:
Law Terms taking is See eminent domain.Law Terms liquid assets is Business property that can be quickly and easily converted into cash, such as stock, bank accounts and accounts receivable.
Law Terms sentence is Punishment in a criminal case. A sentence can range from a fine and community service to life imprisonment or death. For most crimes, the sentence is chosen by the trial judge; the jury chooses the sentence only in a capital case, when it must choose between life in prison without parole and death.
Law Terms head of family is See head of household.
Law Terms paternity suit is A lawsuit to determine the identity of the father of a child born outside of marriage, and to provide for the support of the child once the identity of the father has been determined.