© 2015 Shmoop University, Inc. All rights reserved.

Finance Glossary

Just call us Bond. Amortized bond.

Over 700 finance terms, Shmooped to perfection.



A stock option that lets you sell your stock at a specific date by a specific date. You’re essentially ponying up money now for the right to sell a stock later. If the price of stock goes down, you can profit from put options.