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Postponement Option |
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Postponement option The option of deferring a project without eliminating the possibility of undertaking it. Postponement Option The ability or decision to delay a planned project without canceling it. This decision is undertaken if a party, often a financial backer, wants to undertake a project but unexpectedly lacks the capital to do so. In the case of a new issue of a stock or bond, the the postponement option may be exercised if the issuer believes that demand for the issue will be low. In some cases, it may simply be an indication that a financial backer is no longer interested in a project. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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