abandon

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Abandon

1. To decide not to exercise an option. This occurs when an option is out-of-the-money on the exercise date. That is, one may abandon an option if it is currently unprofitable and thus highly unlikely to become profitable.

2. To withdraw one's claim to an asset, especially an unprofitable one. Corporations must file appropriate paperwork with the government to abandon assets. Alternatively, an individual may abandon both real and personal property. For example, a homeowner may leave his/her house and never intend to return. A squatter may then come to possess the home through adverse possession. An important component of abandonment is the owner's intent never to return or otherwise possess the property again.

3. To opt out of a forward contract according to the procedure specified therein. When one abandons a forward contract, one does not buy or sell the underlying asset and it is not delivered.

abandon

To elect not to exercise an option.
References in periodicals archive ?
If the putative abandoner deposits the item of personal property on her own land, she will still be in possession of it and responsible for it until some third party voluntarily comes and takes it away.
First, we have information on the reproductive success of magpie acceptors that raised the cuckoo, ejectors that ejected the cuckoo egg, and abandoners that abandoned their nest after being parasitized.
79) Notably, the abandoner can reclaim possession of the abandoned property if she does so before any other person appropriates it.
With Black Friday, Cyber Monday and holiday shopping around the corner, the new behavioral remarketing, continuous A/B testing, and campaign transition features in Conversion Manager help ecommerce teams easily optimize their remarketing campaigns even further by matching messages sent to abandoners with their onsite behavior.
In a SeeWhy survey, however, only one percent of websites follow up on abandoners with email in real time while another six percent send a follow-up email within an hour.
Up to 50 percent of website abandoners convert with Abandonment Tracker Pro
Forrester researchers also note the importance of identifying potential abandoners and keeping them on track by, for example, displaying a pop-up message that reminds them of the product's benefits.
The universe of potential abandoners includes all analysts covering a focal firm.
Men whose children have been adopted are seen as shadowy figures, assumed to be feckless lads or wicked seducers and abandoners.
They are the harmonizers, the integrationists, the capitulators, the abandoners of a nation.
Founder and CSO Will Host Roundtable Discussion on How to Turn Abandoners into Buyers
The lineup includes Feet First and Leap to Your Feet Appalachian Dance teams, Kentbased BigginHillbillies, Cup O'Joe from Northern Ireland, Rip Roaring Success (consisting of one Baker's Fabulous Boys, and two Jaywalkers), the Czech band Sunnyside, multi-instrumentalist Stompin Dave Allen (described as one of the best), Reckless Abandoners and Flats and Sharps (who have come far since busking in Penzance).