| 释义 |
foreign currency option Foreign currency optionAn option that conveys the right (but not the obligation) to buy or sell a specified amount of foreign currency at a specified price within a specified time period.Foreign Currency OptionAn option contract giving the holder the right, but not the obligation, to buy (for a call) or sell (for a put) a futures contract on a certain currency with a given exchange rate on or before the expiration date (depending on the type of option). A foreign currency option effectively gives one the option to lock in an exchange rate on the currency in question if it moves in a favorable direction, while letting the option expire, worthless, if the currency does not move in the desired direction. This helps hedge an investor's foreign exchange risk.foreign currency option The right to buy (a call option) or to sell (a put option) a foreign currency futures contract at a fixed price until a specified date. |