Bermudan option

English

Etymology

Play on words due to the cultural, geographic, and political similarities between Bermuda alongside both the Americas and Europe and the fact that this financial option has elements of both American and European styles.

Noun

Bermudan option (plural Bermudan options)

1. (finance) An option that can be exercised at specific dates between issue date and expiry date. Sometimes known as a mid-Atlantic option.

Coordinate terms

• American option
• European option