seller's option
noun
(on the New York Stock Exchange) a special transaction that gives the seller the right to make late delivery of a security within a specified period, ranging from 5 to not more than 60 business days for stocks.
Origin of seller's option
First recorded in 1930–35
Words nearby seller's option
sella turcica,
sellafield,
sellar,
seller,
seller's market,
seller's option,
sellers,
sellers screw thread,
sellers' market,
sellick's maneuver,
selling