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binary
binary code
binary coded decimal
binary digit
binary file
binary fission
binary form
binary notation
binary option
binary star
binary system
binary weapon
binational
binaural
bind
bind off
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binary option

bi·na·ry op·tion (plural bi·na·ry op·tions)


noun 
Definition:
 
fixed value option: an option that pays a predetermined amount if the underlying asset's price moves as the buyer expects and nothing if it does not

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