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Glossary   >   L   >   "Lapsed option" Definition            Lapsed option The expiry of an option without being exercised by the holder. In the UK this is known as abandonment. 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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Lapsed option \ The expiry of an option without being exercised by the holder. In the UK this is known as abandonment.