Usually means: Option exercisable any time before.
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We found 12 dictionaries that define the word American option:

General (4 matching dictionaries)
  1. American option: Wiktionary
  2. American option, american option: Dictionary.com
  3. American option: Wikipedia, the Free Encyclopedia
  4. american option: Longman Dictionary of Contemporary English

Business (8 matching dictionaries)
  1. MoneyGlossary.com (No longer online)
  2. INVESTORWORDS (No longer online)
  3. American option: bizterms.net
  4. American option: Moneyterms
  5. American Option: Investopedia
  6. American option: Financial dictionary
  7. BusinessDictionary.com (No longer online)
  8. American option: WashingtonPost.com: Business

Definitions from Wiktionary (American option)

noun:  (finance) an option that can be exercised at any date between the issue date and the expiry date.

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