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optimistic
optimize
optimum
optimum population
option
option account
option buyer
option contract
option elasticity
option income fund
option premium
option price
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option elasticity
op·tion e·las·tic·i·ty


noun 
Definition:
 
finance option's responsiveness to security price change: the sensitivity of the value of an option to changes in the price of its underlying security
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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