| Currency Option |
 A contract that grants the holder the right, but not the obligation, to buy or sell currency at a specified price during a specified period of time.
|

Investors can hedge against foreign currency risk by purchasing a currency option put or call.
|

Options Basics Tutorial - An introduction to the world of options, covering everything from primary concepts to how options work and why you might use them. |
|
Related Terms
 |
|