seller's option

noun

Definition of seller's option

: an option allowed to one who contracts to sell stocks to make delivery within a specified period usually not less than five business days nor more than 60 days after the date of the contract

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“Seller's option.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/seller%27s%20option. Accessed 1 Dec. 2020.

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