For Lapsed Option we have terms and definitions in 3 topics. The topics are Finance, Frauds and Scams and Investing.

An option that no longer has any value because it has reached its expiration date without being exercised.
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An option that has no value because it expired without being exercised.
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An option that has no value because it expired without being exercised.
See Also: Exercise; Expiration Date; Options
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