Binary option

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Binary option

An option where the payoff is a fixed amount of an asset or nothing at all.

Binary Option

An option contract in which the payoff is some set price or nothing. For example, suppose the strike price on a binary option is $100 and the payoff is $250. If the underlying asset is above $100 when the option is exercised, one receives $250. Otherwise, one does not receive anything. A binary option is also called an all-or-nothing option. See also: Exotic option.
References in periodicals archive ?
BANKING AND CREDIT NEWS-March 9, 2018-TD Auto Finance, AutoGravity to provide enhanced digital option for car buying and financing
M2 EQUITYBITES-March 9, 2018-TD Auto Finance, AutoGravity to provide enhanced digital option for car buying and financing
We recognized the value in replacing this labor-intensive, time-consuming process with an economical and user-friendly digital option.
The 3600 Series Retrofit is designed to provide a digital option to customers with an existing flexo press at a fraction of the cost.
Customers have become more reliant on out of bank services; where more than 50% of our clients use their desktop and mobile for online transactions since we first introduced the digital option in 2008.
Another digital option includes digital shelf tags.
I'm guessing The Globe is trying to bolster its subscription numbers so it can continue to collect advertising revenue from the paper version, while giving people a digital option too.
The second is the Digital Option Certificate that guarantees 5 percent if the index does not fall and protects your principal (unless the index falls more than 50 percent).
On a positive note, even the emails from members who do not favor the digital option say they do find the magazine and its content of value.
This has always been a print journal, with an available digital option for those willing to pay.
The digital option makes it easy for the general public to do something with their digital photos," says Wallace.
The addition of the digital option will better enable fans to obtain our music in whichever manner that they prefer.
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