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Investing Glossary:
Embedded option
Copyright 2010,
Campbell R. Harvey. All Rights Reserved.
Do not reproduce without explicit permission.
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| Term: |
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| Definition: |
| An option that is part of the structure of a Bond that gives either the Bondholder or the Issuer the Right to Take some action against the other party, as opposed to a bare option, which trades separately from any Underlying security.
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