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American-style option - Financial definition

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Translations:      FR  option américaine (n.f.) , option sans date d'exercice fixe (n.f.)     ES  opción americana (n.f.)     DE  amerikanische Option (n.f.) , amerikanischer Optionstyp (n.f.) 
Synonym:  American option

  Concise definition of the term American-style option

An option contract that may be exercised at any time during its lifetime.

  Comprehensive definition of the term American-style option

US options exchanges, such as the CBOE, trade mostly options having that exercise style, although all of the CBOE's interest rate options have European-style exercise.

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