Put
Dictionary of Terms and Phrases Used in American or English Jurisprudence · Benjamin Vaughan Abbott · 1879
Dictionary of Terms and Phrases Used in American or English Jurisprudence
A " put," in the language of the grain or stock market, is a privilege of delivering or not delivering the suhjectmatter of the sale; and a " call " is a privilege of calling or not calling for it.
Pixley V. Boynton, 79 III. 351.
A " put " is the privilege for a nominal consideration of delivering a large quantity (of grain) within a certain time, at a specified price; and such privileges, when taken Q.