A specific option given to interest rate futures contract sellers, which gives the opportunity for the seller to select different dates of delivery. This allows the seller to select different delivery months in order to satisfy any contractual requirements with the buyer.

Previous Terms: 1031 Exchange, 1035 Exchange, AARP, Abeyance, Abstraction Principle, Accelerated Amortization, Acceptance Credit, Acceptance of a Bill of Exchange, Accommodation Bill, Accommodation Endorser