This article is about the finance term. For the American Football system, please see option offense. For the cult Japanese modified car magazine, please see Option (car magazine)

In finance, an option is a contract whereby one party (the holder or buyer) has the right but not the obligation to exercise a feature of the contract (the option) on or before a future date (the exercise date or expiry). The other party (the writer or seller) has the obligation to honor the specified feature of the contract. Since the option gives the buyer a right and the seller an obligation, the buyer has received something of value. The amount the buyer pays the seller for the option is called the option premium.

More on [ Option ]

BBCCaribbean.com | News | News Index

Guyana presses for EPA compromise
http://www.bbc.co.uk/worldservice/caribbean/ Fri, 10 Oct 2008 21:45:47 -0000
Guyana is hoping for Caricom support on a 'compromise' to the controversial Economic Partnership Agreement with the EU.
BBC Caribbean News in Brief
http://www.bbc.co.uk/worldservice/caribbean/ Fri, 10 Oct 2008 21:51:13 -0000
Jamaica sets up a crisis committee to monitor the worsening global financial crisis - and other stories.
The reggae debate: still unresolved
http://www.bbc.co.uk/worldservice/caribbean/ Sat, 11 Oct 2008 07:37:08 -0000
The reggae debate rages on. Who has had the greatest influence in - and on - reggae music? Have your say.
Bolt gets hero's welcome
http://www.bbc.co.uk/worldservice/caribbean/ Tue, 09 Sep 2008 14:20:33 -0000
Bolt gets hero's welcome
In pictures: Hurricane Ike
http://www.bbc.co.uk/worldservice/caribbean/ Mon, 08 Sep 2008 14:44:03 -0000
A picture gallery of the damage done by Hurricane Ike and related rains over the weekend.
In pictures: Memories of Carifesta
http://www.bbc.co.uk/worldservice/caribbean/ Fri, 05 Sep 2008 16:47:21 -0000
xxxx

Subscribe to Caribbean RSS feed