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PUTS AND CALLS

Categories: Constitutional

Definition (1910 Edition)

PUTS AND CALLS. A “put” in the language of the grain or stock market is a privilege of ‘delivering or not delivering the subject-matter of the sale; and a “call” is a privilege of calling or not calling for it.
Source: Black's Law Dictionary, 2nd Edition (1910) — Public Domain. UK commentary and modern updates are original additions. This entry is for educational reference only and does not constitute legal advice.