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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 ?
The study, commissioned by the UK's largest private hospital group, BMI Healthcare, also found that as a result of putting off medical treatment 54 per cent of working people had had to take time off in the last two years, with 15 per cent being off for a week or more.
Var of cooling process soon after the putting off the fire
The percentage of Americans putting off treatment for a serious condition because of cost has increased since the early 2000s, while the percentage putting it off for a non-serious condition has barely budged.
The percentages putting off treatment for both serious and nonserious conditions have nearly doubled since 2001, Gallup said.
Toshiba, LG Electronics and Sharp were said to be putting off the launch of their Google TV devices, with Toshiba saying it had agreed with Google to wait for a better version of the software.
Teachers' salaries and perceived lack of career options are also putting off students, according to Pratibha Hare, from the University of Derby.
The Time To be Happy is Now: 52 Quick Prescriptions for Bringing Happiness into Your Life" is a guide for those who want to stop putting off their own happiness and bring it to more attention in their lives.
Fears about possible loss of jobs and insurance impact how patients are managing their health - often by putting off care in an attempt to minimize spending.
The firm's research also revealed many motorists are ignoring, or putting off, repairs that could have serious implications - for example, 23% admitted they would not be replacing tyres until they were very close to the minimum tread depth,
LANCASTER - Members of a Portuguese Seventh-day Adventist Church won approval from the Planning Board Monday night to put off installing some lights and paving until the spring, as well as putting off construction of the planned sanctuary, which was part of the previously-approved site plan.