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[n] the option to sell a given stock (or stock index or commodity future) at a given price before a given date
[v] estimate; "We put the time of arrival at 8 P.M."
[v] arrange thoughts, ideas, temporal events, etc.; "arrange my schedule"; "set up one's life"; "I put these memories with those of bygone times"
[v] formulate in a particular style or language; "I wouldn't put it that way"; "She cast her request in very polite language"
[v] put something on or into (abstractly) assign; ; "She put much emphasis on her the last statement"; "He put all his efforts into this job"; "The teacher put an interesting twist to the interpretation of the story"
[v] cause to be in a certain state; cause to be in a certain relation; "That song put me in awful good humor."
[v] put into a certain place or abstract location; "Put your things here"; "Set the tray down"; "Set the dogs on the scent of the missing children"; "Place emphasis on a certain point"
[v] adapt; "put these words to music"
[v] cause (someone) to undergo something; "He put her to the torture"
[v] make an investment; "Put money into bonds"

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call, call option, divest