strike price
noun[C]
FINANCEukus(alsostriking price)thepriceat which someone who has anoptionscontract(=agreementgiving therighttobuyandsellparticularshares, etc. in thefuture) canbuyorselltheshares, etc.mentionedin it:
Thecompanygrantedworkersadditionaloptionswith astrikepriceof $8.91.
See also
exercise price