A type of floating-rate preferred stock whose dividend payments are determined at periodic auctions carried out by the issuer rather...
A type of hedge that is applied to foreign currency exposure in order to eliminate or reduce the risks associated...
It stands for fair value hedge; a hedge that accounts for the changes in the fair value of a recognized...
An interest rate floor which consists of a limited string of floorlets designed to hedge future floating rate receipts, specifically...
An average of a pay rate (bid rate) and a receive rate (offer rate) in an interest rate swap. A...
Mid-swap (MS) is the average of bid and ask swap rates used as a benchmark for calculating total interest rate...
An agreement to settle a debt for less than the amount claimed. A debtor offers to pay a lesser amount...
A Latin term that means "from the beginning", "from the start", "from the first act", or "from scratch" . More...
An interest rate swap in which a floor is placed under the floating rate leg to a predetermined level. The...
A type of liquidation value which pertains to corporate takeover and restructuring activities. It reflects the projected price of a...