What is the definition of Path-dependent option? | Dictionary.net

PATH-DEPENDENT OPTION

\pˈaθdɪpˈɛndənt ˈɒpʃən], \pˈaθdɪpˈɛndənt ˈɒpʃən], \p_ˈa_θ_d_ɪ_p_ˈɛ_n_d_ə_n_t ˈɒ_p_ʃ_ə_n]\

Definitions of PATH-DEPENDENT OPTION

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

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An option whose payment depends on the price path of the asset at another time. There are many types of this option. Refer to path independant option.

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

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