Option Buyer Commitment
Definition
Option Buyer Commitment. Commitments, if any, on the part of the holder (buyer) of the Option.
Obligations incude: Obligation to inform the seller by a certain time if the holder wishes to exercise. Once the instrument is exercised there are separate obligations in settlement as part of that transactions; that is not covered here. If you want to exercise you have to do it in a certain way - review whether any of this is contractually defined as obligations on the part of the holder.
Disclaimer
This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.
IsDefinedBy URI of an entity that is defined via an imported vocabulary. | https://spec.edmcouncil.org/fibo/ontology/DER/DerivativesContracts/Options/index-en.html + |