Collar (finance)
In finance, a collar is an option strategy that limits the range of possible positive or negative returns on an underlying to a specific range.
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Famous quotes containing the word collar:
“In the U.S. for instance, the value of a homemaker’s productive work has been imputed mostly when she was maimed or killed and insurance companies and/or the courts had to calculate the amount to pay her family in damages. Even at that, the rates were mostly pink collar and the big number was attributed to the husband’s pain and suffering.”
—Gloria Steinem (20th century)