(adj) :
(finance, of an option) That can be exercised on dates less-frequently than quarterly (usually annually), a set time period (usually one year) after the issue date, and before the expiry date.
(adj) :
(finance, of an option) That can be exercised on dates less-frequently than quarterly (usually annually), a set time period (usually one year) after the issue date, and before the expiry date.