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Glossary   >   D   >   "Down-and-out option" Definition            Down-and-out option Barrier option that expires if asset price hits a barrier. 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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Down-and-out option - Barrier option that expires if asset price hits a barrier.