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Consecutive vs Cliquet - What's the difference?

consecutive | cliquet |

As an adjective consecutive

is .

As a noun cliquet is

(finance) an exotic option consisting of a series of consecutive forward start options the first is active immediately, the second becomes active when the first expires, and so on.

consecutive

English

Adjective

(-)
  • following, in succession, without interruption
  • * {{quote-news
    • , year=2012 , date=May 9 , author=Jonathan Wilson , title=Europa League: Radamel Falcao's Atlético Madrid rout Athletic Bilbao , work=the Guardian citation , page= , passage=He follows Frédi Kanouté, who achieved the feat in 2006 and 2007 for Sevilla, in scoring in consecutive Uefa Cup/Europa League finals.}}
  • Having some logical sequence

    • Antonyms

    * nonconsecutive * simultaneously

    Derived terms

    * consecutively * consecutiveness

    cliquet

    English

    (wikipedia cliquet)

    Noun

    (en noun)
  • (finance) An exotic option consisting of a series of consecutive forward start options. The first is active immediately, the second becomes active when the first expires, and so on.
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