Phrase guide
Definitions and examples are grouped by meaning. Pronunciation, history, word forms, translations, descendants, synonyms, antonyms, derived terms, and related words appear whenever the source provides them.
Sound
Each Play button uses your device's default local English voice, or a natural local fallback. The selected voice name appears after playback. This is synthesized speech, not a source recording.
No pronunciation record was provided for this word.
noun
An option that can be exercised at specific dates between issue date and expiry date. Sometimes known as a mid-Atlantic option.
Definition source: English Wiktionary via Wiktextract
Topics: business, finance
No example sentence was provided for this meaning.
Synonyms: none provided
Antonyms: none provided
History
Play on words due to the cultural, geographic, and political similarities between Bermuda alongside both the Americas and Europe and the fact that this financial option has elements of both American and European styles.
