Option

Option – Options a commonly used in real estate and investing and there are two typical types of options – a call option and a put option.  An option is the choice or opportunity to purchase a specified quantity of an investment at a later date for a pre-determined price.  The buyer pays a fee (called a premium) for this right; however the buyer of an option is not the obligation to purchase.

Tagged as: Annuities, Annuity, Call Option, Interest Rate, investment, Investment Option, investments, life insurance, Option, Put Option, Stock Option