Definitions for "Put option"
Security giving its holder the right and no obligation to sell an underlying asset.
The right to sell the underlying asset at a specified price and on a specified date.
An option contract giving the owner the right, but not the obligation, to sell a specified amount of an underlying security at a specified price within a specified time. The put option buyer hopes the price of the shares will drop by a specific date w hile the put option seller (or writer) hopes that the price of the shares will rise, remain stable, or drop by an amount less than their profit on the premium by the specified date.
Keywords:  bearish, position
a bearish position
Keywords:  hedge, bet, stock, declines, fall
a bet that a stock will fall
a bet that the stock will go down
a financial contract that acts as a hedge against declines in a stock's value
Keywords:  lessee, pre, lease, third, equipment
An agreement that legally requires the lessee or a third party to purchase the equipment at the end of the lease for a pre-specified amount.
a type of financial instrument known as a derivative