"Bermudan option" meaning in English

{
  "etymology_text": "Play on words due to the cultural, geographic, and political similarities between Bermuda alongside both the Americas and Europe and the fact that this financial option has elements of both American and European styles.",
  "forms": [
    {
      "form": "Bermudan options",
      "tags": [
        "plural"
      ]
    }
  ],
  "head_templates": [
    {
      "args": {},
      "expansion": "Bermudan option (plural Bermudan options)",
      "name": "en-noun"
    }
  ],
  "lang": "English",
  "lang_code": "en",
  "pos": "noun",
  "senses": [
    {
      "categories": [
        {
          "kind": "other",
          "name": "English entries with incorrect language header",
          "parents": [
            "Entries with incorrect language header",
            "Entry maintenance"
          ],
          "source": "w"
        },
        {
          "kind": "other",
          "name": "Pages with 1 entry",
          "parents": [],
          "source": "w"
        },
        {
          "kind": "other",
          "name": "Pages with entries",
          "parents": [],
          "source": "w"
        },
        {
          "kind": "place",
          "langcode": "en",
          "name": "Bermuda",
          "orig": "en:Bermuda",
          "parents": [
            "North America",
            "United Kingdom",
            "America",
            "British Isles",
            "Europe",
            "Earth",
            "Islands",
            "Eurasia",
            "Nature",
            "Places",
            "All topics",
            "Names",
            "Fundamental",
            "Proper nouns",
            "Terms by semantic function",
            "Nouns",
            "Lemmas"
          ],
          "source": "w"
        },
        {
          "kind": "topical",
          "langcode": "en",
          "name": "Finance",
          "orig": "en:Finance",
          "parents": [
            "Business",
            "Economics",
            "Society",
            "Social sciences",
            "All topics",
            "Sciences",
            "Fundamental"
          ],
          "source": "w"
        }
      ],
      "coordinate_terms": [
        {
          "word": "American option"
        },
        {
          "word": "European option"
        }
      ],
      "glosses": [
        "An option that can be exercised at specific dates between issue date and expiry date. Sometimes known as a mid-Atlantic option."
      ],
      "id": "en-Bermudan_option-en-noun---TJhso6",
      "links": [
        [
          "finance",
          "finance#Noun"
        ],
        [
          "exercise",
          "exercise"
        ],
        [
          "expiry",
          "expiry"
        ]
      ],
      "raw_glosses": [
        "(finance) An option that can be exercised at specific dates between issue date and expiry date. Sometimes known as a mid-Atlantic option."
      ],
      "topics": [
        "business",
        "finance"
      ]
    }
  ],
  "word": "Bermudan option"
}

{
  "coordinate_terms": [
    {
      "word": "American option"
    },
    {
      "word": "European option"
    }
  ],
  "etymology_text": "Play on words due to the cultural, geographic, and political similarities between Bermuda alongside both the Americas and Europe and the fact that this financial option has elements of both American and European styles.",
  "forms": [
    {
      "form": "Bermudan options",
      "tags": [
        "plural"
      ]
    }
  ],
  "head_templates": [
    {
      "args": {},
      "expansion": "Bermudan option (plural Bermudan options)",
      "name": "en-noun"
    }
  ],
  "lang": "English",
  "lang_code": "en",
  "pos": "noun",
  "senses": [
    {
      "categories": [
        "English countable nouns",
        "English entries with incorrect language header",
        "English lemmas",
        "English multiword terms",
        "English nouns",
        "Pages with 1 entry",
        "Pages with entries",
        "en:Bermuda",
        "en:Finance"
      ],
      "glosses": [
        "An option that can be exercised at specific dates between issue date and expiry date. Sometimes known as a mid-Atlantic option."
      ],
      "links": [
        [
          "finance",
          "finance#Noun"
        ],
        [
          "exercise",
          "exercise"
        ],
        [
          "expiry",
          "expiry"
        ]
      ],
      "raw_glosses": [
        "(finance) An option that can be exercised at specific dates between issue date and expiry date. Sometimes known as a mid-Atlantic option."
      ],
      "topics": [
        "business",
        "finance"
      ]
    }
  ],
  "word": "Bermudan option"
}