Payout Criterion of a Contract means the Expiration Value or range of Expiration Values that will cause that Contract to pay a Settlement Value to the holder of a long position or the holder of a short position in such Contract. The holder of a long or short position in a Contract that receives a Settlement Value is considered to be “in-the-money” while the holder of either a long or short position in a Contract that does NOT receive a Settlement Value is considered to be “out-of-the-money”.
Payout Criterion. The Payout Criterion for the Contract encompasses the Expiration Values that contain a value that is <above/below> <percent>. Minimum Tick: The Minimum Tick size for the referred Contract shall be $0.01.
Payout Criterion of a Contract means the Expiration Value or set of Expiration Values that will cause that Contract to pay a Settlement Value to the holder of a long position in such Contract. The holder of a position in a Contract that receives a Settlement Value is considered to be “in-the-money” while the
Examples of Payout Criterion in a sentence
The Expiration Date of the Contract shall be the sooner of the date of the first 10:00 AM ET following the occurrence of an event encompassed by the Payout Criterion for any candidate or one year after the November popular vote for the presidential term beginning in <year>.
Payout Criterion: The Payout Criterion for the Contract encompasses the Expiration Values that the highest ranking for <song/album> in <period> is <above/below/between/equal to> <count>.
More Definitions of Payout Criterion
Payout Criterion. The Payout Criterion for the Contract encompasses the Expiration Values that are <above/below/between> <percent>. If the value of <above/below/between> is “between”, then <percent> shall be a pair of values, and the Payout Criterion encompasses the Expiration Values that are greater than or equal to the lesser of the pair, and less than or equal to the greater of the pair. Minimum Tick: The Minimum Tick size for the referred Contract shall be $0.01.
Payout Criterion. The Payout Criterion for the Contract encompasses the Expiration Values that contains a value that is greater than or equal to <speed>. The value of speed should correspond directly to the value of <hurricane_category> using the Xxxxxx-Xxxxxxx scale, replicated below: The threshold for a tropical storm is sustained wind speeds of at least 39 miles per hour The threshold for a Hurricane Category 1 is sustained wind speeds of at least 74 miles per hour (64 knots) The threshold for a Hurricane Category 2 is sustained wind speeds of at least 96 miles per hour (83 knots) The threshold for a Hurricane Category 3 is sustained wind speeds of at least 111 miles per hour (96 knots) The threshold for a Hurricane Category 4 is sustained wind speeds of at least 130 miles per hour (113 knots) The threshold for a Hurricane Category 5 is sustained wind speeds of at least 157 miles per hour (137 knots) Minimum Tick: The Minimum Tick size for the referred Contract shall be $0.01.
Payout Criterion. The Payout Criterion for the Contract encompasses the Expiration Values that <nominee> won <award>. If no data is available from the Source Agency on the Expiration Date, then the market will resolve to No. Minimum Tick: The Minimum Tick size for the referred Contract shall be $0.01.
Payout Criterion of a Contract means the Expiration Value or range of Expiration Values that will cause that Contract to pay a Settlement Value to the holder of a long position or the holder of a short position in such Contract. The holder of a long or short position in a Contract that receives a Settlement Value is considered to be “in- the-money” while the holder of either a long or short position in a Contract that does NOT receive a Settlement Value is considered to be “out-of-the-money”.
Payout Criterion of an iHedgelet Contract means the Expiration Value or range of Expiration Values that will cause that iHedgelet Contract to be “in-the-money.”
Payout Criterion. The Payout Criterion for the Contract encompasses the Expiration Values that <president> has been announced to be leaving their position. It is sufficient for the announcement to have been made even if the transition proper has not occurred by <date> to be encompassed within the Payout Criterion..
Payout Criterion. The Payout Criterion for the Contract encompasses the Expiration Values that are <greater than/less than/between> <count>. If the value of <greater than/less than/between> is “between”, then <count> shall be a pair of values and the Payout Criterion encompasses the Expiration Values that are greater than or equal to the lesser of the pair and less than or equal to the greater of the pair. Minimum Tick: The Minimum Tick size for the referred Contract shall be $0.01.