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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 20-year-old earning PS25,000 and putting away 8 per cent each month could build up a pot worth PS186,262 by the time they hit 67.
A 20-year-old earning PS25,000 and putting away 8% each month could build up a pot worth PS186,262 by the time they hit 67.
It was just a case of not putting away our chances, and in football, possession is nothing if you don't capitalise on that.
At Home: Let the kids help put away the fruits and vegetables, try to arrange the fruit bowl so you have many different colors showing- make it a game, as they are putting away the fruits and vegetables, guess where they came from.
For those of you who are thinking of putting away your claret and gold shirts until next season, it can be given one more outing at the Halliwell Jones Stadium, Warrington, next Sunday at the National league play off finals.