Divorce Dex.com: Unexercised Interest

Definition Unexercised Interest - refers to the a right -- for example, in stock options -- which has not been exercised.

Application in Divorce The cash value of an unexercised interest in an asset, though difficult to compute in some cases, is nevertheless marital property and subject to distribution in a divorce.

Stock options, for example, are often marital property subject to distribution, but affixing a value on them is sometimes difficult.

See also Binominal or Lattice Model; Black-Scholes Model.

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