What is the definition of Rainbow option? | Dictionary.net

RAINBOW OPTION

\ɹˈe͡ɪnbə͡ʊ ˈɒpʃən], \ɹˈe‍ɪnbə‍ʊ ˈɒpʃən], \ɹ_ˈeɪ_n_b_əʊ ˈɒ_p_ʃ_ə_n]\

Definitions of RAINBOW OPTION

1910 - Black's Law Dictionary (2nd edition)

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Something that has more than one underlying options associated with it. These options are called colours. Hence the term rainbow option. These factors cannot be combined as one factor.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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