| Himalayan Option An exotic equity option belonging to a class known as mountain range options. Himalayan options are based on a basket of underlying securities, as opposed to the typical listed (vanilla) option, which has one underlying security. Investopedia Explains: The payout for a Himalyan option is based on the average performance of the underlying assets over the...
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Recently Added Definitions Qualified Longevity Annuity Contract (QLAC) A Qualified Longevity Annuity Contract (QLAC) is a deferred annuity funded with an investment from a...
Blocked Period A period of time in which an investor's securities are prevented from being accessed. A blocked period may be put in place if an... | | |
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