Series 50: Option

Taken from our Series 50 - MSRB Municipal Advisor Representative Qualification Exam

Definition of the term Option...

a contract that gives the owner the right to buy or sell an asset, security, or derivative at a specified price.

Since you're reading about Series 50: Option, you might also be interested in:

Solomon Exam Prep Study Materials for the Series 50
Please Enable Javascript
to view this content!