Reference Entry

abandonment option

Jonathan Law

in A Dictionary of Finance and Banking

Sixth edition

Published in print March 2018 | ISBN: 9780198789741
Published online March 2018 | e-ISBN: 9780191831430
abandonment option

More Like This

Show all results sharing these subjects:

  • Banking
  • Social Sciences
  • Economics

GO

Show Summary Details

Preview

A clause in a contract that gives one or both parties the right to withdraw from the agreement at will, usually without limitation and without penalty. This is particularly common in contracts between financial advisers and their clients. An abandonment option is an example of a ...

Reference Entry.  51 words. 

Subjects: Banking ; Social Sciences ; Economics

Full text: subscription required

How to subscribe Recommend to my Librarian

Buy this work at Oxford University Press »

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content. subscribe or purchase to access all content.