bermudan option
Word Rarity
Very rare
Frequency: Zipf frequency 1.47 in modern English
21
Scrabble Score
14
Letters
3
Syllables
12
Unique Chars
Meaning
noun
An option that can be exercised at specific dates between issue date and expiry date. Sometimes known as a mid-Atlantic option.
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.