What is the definition of Worst of two option? | Dictionary.net

WORST OF TWO OPTION

\wˈɜːst ɒv tˈuː ˈɒpʃən], \wˈɜːst ɒv tˈuː ˈɒpʃən], \w_ˈɜː_s_t ɒ_v t_ˈuː ˈɒ_p_ʃ_ə_n]\

Definitions of WORST OF TWO OPTION

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

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Payoff that is equal to the minimum payoff of 2 options. See best of 2 option.

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

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