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Glossary   >   K   >   "Knock-Out Option" Definition            Knock-Out Option An option with a built in mechanism to expire worthless should a specified price level be exceeded. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Knock-Out Option \ An option with a built in mechanism to expire worthless should a specified price level be exceeded.