Belgian Option

Belgian Option

An option contract that provides a partial payoff to the holder if the spot price of the underlying asset moves toward the strike price. The holder receives a payoff for the remainder of the intrinsic value of the option if it is in-the-money at expiration. It is a type of exotic option.
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Someone determined enough to give up his life is unlikely to be deterred from finding a gun in Paris, if the softer Belgian option is closed.
A source familiar with the situation said Dexia's board might have to choose between a French and a Belgian option if the two sides cannot agree.
The Mobile Office, which consists of a PC card from Belgian Option and software developed by Telenor, provides users with broadband speeds of up to 54Mb/s with WLAN and up to 384kb/s with the new UMTS network (3G).
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