Lapsed option financial definition of lapsed option
An option that remains unexercised after its expiration. A lapsed option has no value.
References in periodicals archive
The approach of the ASB is excessively complex, the model is inappropriate (it was never developed to value employee share options but was aimed at shorter-term traded options) and to have to account for lapsed options
is so far removed from reality as to be quite bizarre," he said.
Also discussed was the treatment of lapsed options
, options that are repriced, employee share plans with cash alternatives and share appreciation rights.