Transferable Option Law and Legal Definition
In an option market, the term transferable option refers to a contract that permits a position in the option market to be offset by a transaction on the opposite side of the market in the same contract.
The following is an example of a case law referring to transferable option:
The fact that the stock option was able to be passed on the death of the holder did not make the option a transferable option. [Greene v. Dietz, 143 F. Supp. 464 (D.N.Y. 1956)].
Legal Definition list
Related Legal Terms
- Abandonment Option
- Abandonment [Intercountry Adoption]
- Accredited Agency [Adoption]
- Accredited Body [Adoption]
- Accrediting Entity [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