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Option(s)

An option is a contract giving the buyer the right, but not the obligation, to buy or sell any of the following at a specific price on or before a certain date:

(a) Currency of the Kingdom of Bahrain or any other country or territory;
(b) Palladium, platinum, gold or silver; or other commodity;
(c) Option to acquire or dispose of a financial instrument of the kind specified by this definition by virtue of the above.
Added: January 2014