adjective. costing nothing.
- -less (English)
- -leas (Old English (ca. 450-1100))
- cost (English)
- cost (Middle English (1100-1500))
Sentences with costless
It is costless when you pick a call and a put that have the same prices, so that the sale of the call pays for the purchase of the put.
2. Noun, singular or mass
Gains can be protected while delaying a sale date into the future by purchasing puts on your stock, constructing a costless collar, or even by entering a trailing stop order