Common comparison error
A familiar Cash settled binary option name cannot replace a win, loss, refund, missing-price, and Stock binary option payoff table.
GlossaryProducts & contracts
Cash-settled binary option
A successful contract settled with money rather than delivery of the referenced asset.
Practical use
How to verify Cash-settled binary option
Read Cash-settled binary option together with Asset-or-nothing option, Stock binary option, Non-deliverable binary option. The comparison must preserve the exact rule, value, state, and evidence described below.
A neutral example
A settled Cash settled binary option omits the quote side used at expiry. Specification and source timestamp are obtained before classifying it against Asset or nothing option. The evidence must resolve the defining Cash settled binary option boundary: the final account movement is money rather than delivery of shares, currency, or another asset.
Evidence path
Where to verify Cash-settled binary option
Use the source that governs the exact contract, account, entity, or platform state. A general definition cannot replace current broker terms.