Put

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Related to put to: put out, put off, put to use

Put

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.

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 team found that infants were placed on their stomachs by 70 percent of caregivers in 1992--before the American Academy of Pediatrics recommended that babies be put to sleep on their backs or on their sides.
Spiking put to call ratio in the SPYders during the first hour of trading Monday.