A call option is a long position taken as an options strategy with a put option. Contrast to short straddle. Also known as bull straddle.
Category: L
LONG TERM ASSET
LONG TERM BOND
LONG TERM CARE (LTC)
LONG TERM CARE FACILITY
LONDON INTERBANK MEAN (LIMEAN) RATE
LONDON INTERBANK OFFERED RATE (LIBOR)
The average of rates for which five major London banks will lend $10 million for a period of three or six months. It is the benchmark rate for setting interest rates for adjustable-rate loans and financial instruments. This is the interest rate at which the London banks will offer funds to the interbank market.