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ex·ot·ic ˈop·tion СЪЩ ФИН

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exotic option (Optionsschein mit nicht standardisierten Ausstattungsmerkmalen)

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An exotic option may also include non-standard underlying instrument, developed for a particular client or for a particular market. en.wikipedia.org

Options where the payoff is calculated differently are categorized as exotic options. en.wikipedia.org

The extensive menu includes everything from classics like burgers and halibut and chips to more exotic options like butter chicken. www.paherald.sk.ca

In some equity-linked notes, the payout structure is more complicated, resembling that of an exotic option. en.wikipedia.org

For exotic options the trinomial model (or adaptations) is sometimes more stable and accurate, regardless of step-size. en.wikipedia.org

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