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An option—a right that operates as a continuing proposal—given in exchange for consideration—something of value—permitting its holder to sell a particular stock or commodity at a fixed price for a stated quantity and within a limited time period.

A put is purchased for a fee paid to the person who agrees to accept the stock or goods if they are offered. The purchaser of this right to sell expects the price of the stock or commodity to decrease so that he can deliver the stock or commodity at a profit. If the price rises, the option need not be exercised. The reverse transaction is a call.


(Place), verb apply, assign a place, attach, base, deposit, dispense, fix, give, imbed, implant, infuse, inject, install, instill, introduce, lodge, park, place, plant, raise, repose, seat, set, site, situate, station, submit, tender
Associated concepts: constructive bailment, involuntary bailment


(Phrase), verb ascribe, attribute, cast, describe, impute, pose, posit, postulate, present, propound, say, set forth, state, throw
See also: advance, deposit, dispose, give, house, impute, introduce, locate, lodge, phrase, place, plant, raise, repose, situated, submit

TO PUT, pleading. To select, to demand; as, the said C D puts himself upon the country; that is, he selects the trial by jury, as the mode of settling the matter in dispute, and does not rely upon an issue in law. Gould, Pl. c. 6. part 1, Sec. 19.

References in periodicals archive ?
A hidden gain when putting off an annuity purchase: If your income from work means you don't need to buy an annuity immediately, it could leave you better off.
Mwiti said Meru National Polytechnic students helped in putting off the fire.
There may be gains to be made from putting off taking a defined benefit pension: You'd be forgiven for thinking that as soon as you had accrued the maximum pension allowable in a defined benefit pension scheme, you may as well start drawing it.
Gallup's question asks about putting off medical care for the individual or their family members.
Almost four in 10 Americans who enjoy spending money more than saving it (37%) have not engaged in any of the 10 cost-cutting or income-generating actions mentioned previously, such as putting off a major purchase, putting off buying a car or selling some of their possessions.
Short-sighted cuts in expenditure led to putting off vital preventative maintenance.
Putting off the closure, two affordable service providers that serve schools and nonprofits won Thursday a preliminary injunction in a Massachusetts state court.
WE each have an average of eight tasks on our to-do lists that we are putting off and most of us will take five weeks to get round to them.
Var of cooling process soon after the putting off the fire
Gallup found that the percentage of survey participants who reported putting off any sort of medical treatment because of cost fell to 57 percent this year for the uninsured, from 59 percent in 2013.