Dictionary of Accounting Terms: put
put
- option to sell a specific security at a specified price within a designated period for which the option buyer pays the seller (writer) a premium or option price. Contracts on listed puts (and call) have been standardized at date of issue for periods of three, six, and nine months, although as these contracts approach expiration, they may be purchased with a much shorter life.
- bondholder's right to redeem a bond prior to maturity.
