# Putable Asset

**IRI:** https://folio.openlegalstandard.org/R9vJchiEBHNEBTJemS4uw2w

## Labels

**Preferred Label:** Put Option Financial Instrument

**Alternative Labels:**

- Put Option Asset

## Definition

A Putable Asset is a financial instrument that grants the holder the right to sell the asset back to the issuer at a specified price before its maturity date. This feature provides investors with the flexibility to exit the investment under certain conditions, often mitigating potential losses and reducing risk.

## Sub Class Of

- https://folio.openlegalstandard.org/R7NbRiaFKuXbP6fYk436pb2

**Deprecated:** False