Most recent price definition
Most recent price means, in respect of a Business Day and a calculation time v, the most recent published average of the trade, bid and ask price of the underlying at or immediately before v, as provided by Reuters.
Examples of Most recent price in a sentence
Ethanol Most recent price the Borrower paid to an independent third party for Ethanol Natural Gasoline Conway, Kansas OPIS wholesale price of Natural Gasoline, plus $.05/gal.