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 Glossary   >   C   >   "Cliquet" Definition   

        Cliquet

An extended option that periodically settles and resets its strike price at the level of the underlying during the time of settlement.

Cliquet


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Cliquet - An extended option that periodically settles and resets its strike price at the level of the underlying during the time of settlement.


Cliquet : an extended option that periodically settles and resets its strike price at the level of the underlying during the time of settlement.