05.07.2009

A way to finance large infrastructure projects without having recourse to the public purse

Sorry, this entry is only available in עברית.

An option which gives the buyer, or holder, the right, but not the obligation, to sell a futures contract at a specific price within a specific period of time in exchange for a one-time premium payment. It obligates the seller, or writer, of the option to buy the underlying futures contract at the designated price, should an option be exercised at that price.