cliquet

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English[edit]

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Wikipedia

Noun[edit]

cliquet (plural cliquets)

  1. (finance) An exotic option consisting of a series of consecutive forward start options. The first is active immediately, the second becomes active when the first expires, and so on.

French[edit]

Noun[edit]

cliquet m (plural cliquets)

  1. pawl

External links[edit]