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EnglishEdit

EtymologyEdit

From Latin, meaning "time flies". Introduced by Mark Garman in an article, Semper tempus fugit, published in 1989 by Risk Publications. Garman suggested that "time flies especially when you're having fun managing your book of American options".

NounEdit

fugit (plural fugits)

  1. (finance) The optimal date to exercise an American option (or a Bermudan option).

CatalanEdit

VerbEdit

fugit

  1. past participle of fugir

LatinEdit

VerbEdit

fugit

  1. third-person singular present active indicative of fugiō
    Tempus fugit.
    Time flies.

fūgit

  1. third-person singular perfect active indicative of fugiō

RomanianEdit

VerbEdit

fugit (past participle of fugi)

  1. past participle of fugi