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LSDefine

Simple English definitions for legal terms

European option

Read a random definition: nonexclusive license

A quick definition of European option:

An option is a choice or right to do something. For example, when you go to a restaurant, you have the option to choose what you want to eat. In finance, an option is a contract that gives you the right (but not the obligation) to buy or sell something at a certain price within a certain time period. There are different types of options, such as European options that can only be exercised on the expiration date, and American options that can be exercised at any time.

A more thorough explanation:

An European option is a type of financial contract that gives the holder the right, but not the obligation, to buy or sell an underlying asset at a fixed price on a specific date in the future. The key difference between European and American options is that European options can only be exercised on the expiration date.

For example, let's say you buy a European call option on a stock with a strike price of $50 and an expiration date of December 31st. If the stock price rises above $50 before December 31st, you can exercise your option and buy the stock at the lower strike price. However, if the stock price doesn't rise above $50 before December 31st, your option will expire worthless.

Another example of a European option is a put option on a commodity like gold. If you buy a put option on gold with a strike price of $1,500 and an expiration date of June 30th, you can exercise your option and sell gold at the higher strike price if the market price falls below $1,500 before June 30th.

Overall, European options are useful for investors who want to hedge their risks or speculate on the future price movements of an underlying asset.

European law | European Patent Convention

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babycat
15:45
@info-man: agreed
babycat
15:48
just my opinion but grade inflation is probably more of an undergrad thing since law school grades tend to be on a curve
shaquilleoatmeal
15:49
Leaving the office just now and this chic is blasting glorilla in the elevator...doesn't match our work location vibe lmao
shaquilleoatmeal
15:49
shits gonna be stuck in my head all night now
glovediedthisishismom
15:50
northwestern has a dude with a murder charge in their class this year dont they
shaquilleoatmeal
15:50
what^^
shaquilleoatmeal
15:50
no way
HopefullyInLawSchool
15:50
2 next year
glovediedthisishismom
15:50
google it shaq some dude got his degree in prison and is now at nw
HopefullyInLawSchool
15:50
Bro is studying to beat the charges
shaquilleoatmeal
15:52
While representing himself in court, McKinley's sentence was reduced from 100 years to 25, a sentence he served in full. While still incarcerated, he took the LSAT, or Law School Admission Test, and applied to law school - no shit, thats impressive how much he lowered his sentence being pro say
JumpySubsequentDolphin
15:52
@HopefullyInLawSchool: that made me lol
babycat
15:52
there was a convicted rapist admitted to some southern law school not too long ago
shaquilleoatmeal
15:53
smh
glovediedthisishismom
15:53
fun fact gangs specifically have all their shooters be 12-16 year olds so they can go to juvee and get their charges sealed like nothing happened
shaquilleoatmeal
15:56
yo, what should i pick up for dinner?? Cava or Sweetgreen
glovediedthisishismom
15:56
sweetgreen
glovediedthisishismom
15:56
i wish i had one close to me
babycat
15:56
shaq how did your date with Uber girl go?
soyalmondoatmilk
15:57
OMG I LOVE SWEETGREEN
shaquilleoatmeal
15:57
lmaooo oh man i gotta find a way to make a long story short - sg it is ! What do you guys usually get? I'm tired of my same old same old
soyalmondoatmilk
15:57
i love the harvest bowl
soyalmondoatmilk
15:57
their salmon is good too
shaquilleoatmeal
15:58
@babycat: you gonna be on later tonight? i gotta get home, shower, and then I can hop back on and give you the break down lmao
shaquilleoatmeal
15:58
i dont know how much i trust salmon from quick take out spots so i've never tried it there. Harvest bowl is OG and always good for when you need a quick decision
soyalmondoatmilk
15:59
that's so fair. i love their roasted sweet potatoes and spicy cashew dressing--highly recommend
babycat
16:00
@shaquilleoatmeal: I’ll stop by just for you. I gotta grind out some of my last essays tn.
shaquilleoatmeal
16:02
@soyalmondoatmilk: im weak af, can't handle that spicy cashew lmao
shaquilleoatmeal
16:03
@babycat: 😘 see you in a bit, grind out those essays before you hop back on
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