Usually means: Right to buy/sell asset later.
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We found 12 dictionaries that define the word European option:

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

Business (8 matching dictionaries)
  1. MoneyGlossary.com (No longer online)
  2. European option: Bloomberg Financial Glossary
  3. European option: Harvey Financial
  4. European option: Moneyterms
  5. European Option: Investopedia
  6. European Option: Financial dictionary
  7. BusinessDictionary.com (No longer online)
  8. European option: WashingtonPost.com: Business

Definitions from Wiktionary (European option)

noun:  (finance) An option that can be exercised only at expiry date.

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