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Glossary   >   C   >   "Cash-or-Nothing Put" Definition            Cash-or-Nothing Put A type of option whose payoff is set to a specified fixed price if the final asset price is below the strike price; if not, the payoff is set to zero. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Cash-or-Nothing Put - A type of option whose payoff is set to a specified fixed price if the final asset price is below the strike price; if not, the payoff is set to zero.