In simple terms, it is the right of an individual to use something that belongs to someone else, whether for…
In general, usury refers to the predetermined interest which a lender charges on, and collects from, a borrower. The lender…
A long call option on an index where a trader can profit from a rise in the price of the…
AÂ diagonal put spread that involves the selling of a given amount (one or more) of near-month out-of-the-money put options and…
The rate of interest which can be earned without bearing any risks. The rates on Treasury bills and Treasury bonds…
An option-related strategy that is based on the replacement of a position by closing out one option with a near-month…
The number of open contracts at which a market supervisory authority (like the CFTC in the US) specifies when an…
One of the two legs of a tranche (vanilla tranche/ plain vanilla tranche), with the other one being a tranche…
It has many meanings in multiple contexts. Generally, it is the interest rate that is charged over a funding interval,...
A floater that is embedded with caps or collars (caps and floors) so that the floating rate movement (adjustment) is…