catastrophe equity put option
Definition
Contingent capital arrangement that gives the option's seller the right to purchase a certain number of its purchaser's shares at a fixed price in case a specified catastrophe occurs, and receive a commitment fee from the purchaser. The purchaser gets the right to access the seller's capital when it is critically required.
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catastrophe equity put option is in the Disaster Planning & Risk Management, Investing and Securities & Futures Trading subjects.
catastrophe equity put option appears in the definitions of the following terms: catastrophe bond and contingent capital
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