Home > Term: basis price
basis price
The price agreed between the seller and the buyer of an option at which the option can be exercised. The price is normally the current market price of the metal.
- Kalbos dalis: noun
- Pramonės šaka / sritis: Mining
- Category: General mining; Mineral mining
- Government Agency: USBM
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- ed.young
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(Milwaukee, United States)