Related Words

Protective Put Buying Strategy: A strategy that involves buying a put option on the underlying security that is held in a portfolio. Related: Hedge option strategies.

Put: An option granting the right to sell the underlying futures contract. Opposite of a call.

Put An Option: To exercise a put option.

Protective Well: A vertical pipe with a relatively large opening (intake) in the bottom. It is used with the air acoustic ranging sensor and electronic processing (filtering) technique to minimize the nonlin . . . View Full Definition

Protective Relay: A relay, the principal function of which is to protect service from interruption, or to prevent or limit damage to apparatus.

Protective Factors: Strengths and resources that appear to mediate or serve as a 'buffer' against risk factors that contribute to vulnerability to maltreatment or against the negative effects of maltreatment ex . . . View Full Definition

Put Bond: A bond that the holder may choose either to exchange for par value at some date or to extend for a given number of years. If the price is above par, the put is a 'premium put.'

Protective Toning: Toning process used to protect black and white prints from fading and give archival permanence. Usually used selenium or gold toners.

Put Guarantee Letter: A bank's letter certifying that the person writing a put option has sufficient funds in an account to cover the exercise price if required.

Put Price: The price at which an asset will be sold if a put option is exercised. Also called the strike or exercise price of a put option.