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Back Fee |
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Back fee The fee paid on the extension date if the buyer wishes to continue the option.
Back Fee In a compound option, the premium one pays on the second option contract. A compound option is an option on another option. For example, one may buy a call on a put, which is an option to buy an option to sell some underlying asset. An investor buying a compound option pays a premium on the first option, but does not pay a premium on the second option unless the first option is exercised. This second premium is the back fee. 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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The district, however, retorted by saying that AQMD law allows it to charge back fees based on more current charges. |
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