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Pronunciation varies by accent · noun
(finance) 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..
Use cliquet when its meaning, tone and grammar fit the full sentence. A synonym is not always a direct replacement.
Cliquet means (finance) 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..
The closest synonym depends on the sentence and intended sense.
The opposite depends on the specific sense.
Use cliquet where its definition matches the intended context.
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