411 REFERENCE · Wiktionary
Bermudan option
Reference material by Wiktionary contributors. This retains its source identity and is not 411 news reporting.
English
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.
Noun
en finance An option that can be exercised at specific dates between issue date and expiry date. Sometimes known as a mid-Atlantic option.
Coordinate terms
American option
European option
en Bermuda