Verde
Verde (adj) means describing a financial option that can only be exercised on set dates spaced further apart than every quarter — typically once a year. Example: “The contract specified a verde exercise schedule, allowing action only on each anniversary date.”
How to use Verde
Learner’s notesIn plain EnglishA finance term for an option you can only use on widely spaced, pre-set dates, often once a year.
Word forms
- Plural
- Verdes
Fill the gap
Can you complete this real example?
The contract specified a _____ exercise schedule, allowing action only on each anniversary date.
Etymology
Based on the geography of Cape Verde, between or close to both a Canary and a European option.
Rhymes for Verde
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