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Meaning of cliquet | Babel Free

Noun CEFR B1

Definitions

An exotic option consisting of a series of consecutive forward start options. The first is active immediately, the second becomes active when the first expires, and so on.

Equivalents

Français cliquet

CEFR level

B1
Intermediate
This word is part of the CEFR B1 vocabulary — intermediate level.
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See also

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