Cash-or-Nothing Put
A type of option whose payoff is set to a specified fixed price if the final asset price is below the strike price; if not, the payoff is set to zero.

Investopedia Says:
Cash-or-Nothing options are typically european style options.

Related Terms:
Cash-or-Nothing Call
European Option
Put Option
Strike Price

• Risk Adjusted Return on Capital (RAROC)
• Risk Adjusted Return on Capital (RAROC)
• Risk Arbitrage
• Risk Averse
• Risk-Based Capital Requirement
• Risk-Based Mortgage Pricing
• Risk Capital
• Risk Discount
• Risk-Free Asset
• Risk-Free Rate Of Return
• Risk-Free Rate Puzzle (RFRP)
• Risk-Free Rate Puzzle (RFRP)
• Risk-Free Return
• Risk Graph
• Riskless Principal
• Riskless Society
• Risk Lover
• Risk Management
• Risk Measures
• Risk Neutral
• Risk Premium
• Risk-Return Tradeoff
• Risk Reversal
• Risk/Reward Ratio
• Risk Tolerance