cliquet (0 synonym found)

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Definition of cliquet:

(n) : (finance) An exotic option consisting of a series of consecutive forward start options. The first is active immediately, the second becomes active when the first expires, and so on.

Definition of cliquet:

(n) : (finance) An exotic option consisting of a series of consecutive forward start options. The first is active immediately, the second becomes active when the first expires, and so on.

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