put option

NOUN
10 LETTERS · STARTS WITH P

put option is a valid 10-letter word worth 13 points in Scrabble and 17 points in Words with Friends.

SCRABBLE WORDS WITH FRIENDS
P3U1T1O1P3T1I1O1N1
3 + 1 + 1 + 0 + 1 + 3 + 1 + 1 + 1 + 1 =13 PTS
DOUBLE WORD → 26TRIPLE WORD → 39
MEANING

What does put option mean?

NOUN · 1 SENSE
1

The option to sell a given stock (or stock index or commodity future) at a given price before a given date.

SYNONYMS
ANTONYMS
BROADER