Business / Finance / Ex-Pit Transaction: The last day (in the case of American-style) or the only day (in the case of European-style) on which an option may be exercised. For stock options, this date is the Saturday immediately following the thrid Friday of the expiration month; brokerage firms may set an earlier deadline for notification of an option holder's intention to exercise. If Friday is a holiday, the last trading day will be the preceding Thursday.
Transaction Adjective Synonyms: deal, dealing, negotiation, matter, affair, business, action, proceeding, agreement, arrangement, bargain
Business / Real Estate / Transaction Broker: A transaction broker (also referred to as a nonagent, facilitator, coordinator or contract broker) is not an agent of either party. A transactional brokers job is simply to help both the buyer and the MORE
Business / Finance / Transaction Demand (For Money): The delivery of a security by a seller and its acceptance by the buyer. MORE