Definition of "spreader" [spread•er]

• One that spreads, as: (noun)
• A butter knife. (noun)
• A farm or garden implement for scattering fertilizer or seed. (noun)
• A device, such as a bar, for keeping wires or stays apart. (noun)
• Nautical A horizontal support used to spread shrouds on a mast. (noun)

American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

• "The call spreader is prepared to make money as long as Weatherford's shares rally 8.9% over the current price of $15.63 to surpass the average breakeven point at"
• "Profits start to accumulate for the call spreader if EDMC's shares surge 23.2% to surpass the effective breakeven price of $11.20 by expiration day."
• "The call spreader will bank maximum potential profits if such a sale should occur by expiration day next year."