| InvestHub.com's Finance Dictionary and Glossary of Investment Terms Asian Option Definition 1.
An option whose payoff depends on the average price of the underlying asset over a certain period of time. Also known as an average option. | Definition 2.
Option based on the average priceof the underlying assets during the life of the option. | Definition 3.
An option whose payoff depends on the average value of an underlier over a specified period. |
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