cliquet

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noun

An exotic option consisting of a series of consecutive forward start options. The first is active immediately, the second becomes active when the first expires, and so on.

OriginFrench cliquet →
Scrabble 18
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Meanings

nouncliquet (plural cliquets)

plural cliquets

  1. businessAn exotic option consisting of a series of consecutive forward start options. The first is active immediately, the second becomes active when the first expires, and so on.

Origin

  1. Frenchcliquet“pawl”
  2. Englishcliquet

Borrowed from French cliquet (“pawl”).

More words from French

Full word history & related roots →
Cite this entry
APA

cliquet. (n.d.). In WatkinsX Dictionary. Retrieved November 3, 2026, from https://dictionary.watkinsx.com/word/cliquet

MLA

“cliquet.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/cliquet. Accessed November 3, 2026.

Chicago

WatkinsX Dictionary, s.v. “cliquet,” accessed November 3, 2026, https://dictionary.watkinsx.com/word/cliquet.

Source: cliquet on Wiktionary, CC BY-SA 4.0.