London Option Law and Legal Definition
A London option is a right, for a price, to purchase or sell a commodity futures contract for a specified term at a specified price. It is simply an extension of a commodity futures contract and is traded on the same London commodity exchanges as the underlying futures contract. [International Trading, Ltd. v. Bell, 262 Ark. 244 (Ark. 1977)].
Legal Definition list
Related Legal Terms
- Abandonment [Intercountry Adoption]
- Abandonment Option
- Accredited Agency [Adoption]
- Accredited Body [Adoption]
- Accrediting Entity [Adoption]
- Adoption
- Adoption and Foster Care Analysis and Reporting System (AFCARS)
- Adoption and Safe Families Act (ASFA)
- Adoption Assistance and Child Welfare Act of 1980
- Adoption Disruption
