STRADDLE n. 6 definitions
A stock option giving the holder the double privilege of a "put" and a "call," i. e., securing to the buyer of the option the right either to demand of the seller at a certain price, within a certain time, certain securities, or to require him to take at the same price, and within the same time, the same securities. [B…
SUFFERANCE n. 6 definitions
the customs authorities for the shipment of goods. [Eng.] Estate of sufferance (Law), the holding by a tenant who came in by a lawful title, but remains, after his right has expired, without positive leave of the owner. Blackstone. -- On sufferance, by mere toleration; as, to remain in a house on sufferance.…