Word: lookback
Part of speech: Noun
Syllables: look
back
Definition: A kind of exotic option whose payoff depends on the optimal (maximum or minimum) underlying asset's price occurring over the life of the option.
Morphemes:
Affix: lookback
Language: en
PoS: Noun
Meaning: A kind of exotic option whose payoff depends on the optimal (maximum or minimum) underlying asset's price occurring over the life of the option.