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LIFE INSURANCE COMPANIES

m Cubed Life Ltd.

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Tel: +27 11 340 2300
Fax: +27 11 880 8844
Address:
2nd Floor Grosvenor Cnr
195 Jan Smuts Ave
Rosebank
Johnnesburg
South Africa
Postbox:
PO Box 41259
Craighall
2024

From The Glossary »

Put:

Put options are securities that give the holder the option of selling the specified stock. It refers to the right to sell specified stock at a specified price at specified times. A "put" facility on a bond would give the holder the right to repay the loan.
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