Down-and-Out is an option feature by which a derivative contract dies or ceases to exist when an indicator, such as price, drops through a trigger point or threshold. Related topics are Down-and-In, Up-and-In, and Up-and-Out.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). down-and-out. Retrieved September 24, 2026, from http://smartdefine.org/down-and-out/definitions/1152415 |
| Chicago | Barry Goldsmith. 2010. "down-and-out" http://smartdefine.org/down-and-out/definitions/1152415 (accessed September 24, 2026). |
| Harvard | Barry Goldsmith 2010, down-and-out, Smart Define, viewed 24 September, 2026, <http://smartdefine.org/down-and-out/definitions/1152415>. |
| MLA | Barry Goldsmith. "down-and-out" 21 October 2010. Web. 24 September 2026. <http://smartdefine.org/down-and-out/definitions/1152415> |