Definition of "European"

From a domestic point of view the advent of the Chinese was a decided blessing, for, instead of the European ladies of the settlement having to do all their own work, they were able to employ a proper staff of Chinese boys.

1887, Harriet W. Daly, Digging, Squatting, and Pioneering Life in the Northern Territory of South Australia, page 233

All of these trade on the Chicago Board Options Exchange. Most of the contracts are European. An exception is the OEX contract on the S&P 100, which is American.

2009, John C. Hull, Options, Futures, and other Derivatives (Seventh Edition), Pearson Education, page 182

Based on the analyses throughout the case study, it is recommended that the use of a model that assumes an ESO is European style when, in fact, the option is American style with the other exotic variables should not be permitted, as this substantially overstates compensation expenses.

2010, Johnathan Mun, Modeling Risk + DVD: Applying Monte Carlo Risk Simulation, Strategic Real Options, Stochastic Forecasting, and Portfolio Optimization (Second Edition), John Wiley & Sons

Nevertheless, as we shall see, some properties of American options may be readily deduced from those of their European counterparts.

2012, Hugo D. Junghenn, Option Valuation: A First Course in Financial Mathematics, CRC Press, page 53