covered option

Also found in: Financial.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.covered option - a put or call option backed by the shares underlying the option
option - the right to buy or sell property at an agreed price; the right is purchased and if it is not exercised by a stated date the money is forfeited
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
Mentioned in
References in periodicals archive
The American Academy of Family Physicians, which had urged Medicare officials to add the HPV test as a covered option for cervical screening, praised the decision.
Medicare now covers HPV test for cervical cancer
All grades of leather can be cleaned, and fabrics too can be de-stained, but if you think your white sofa is going to be particularly prone to damage then perhaps a loose covered option is the best thing.!
The white stuff
Copyright © 2003-2025 Farlex, Inc Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.