An interest rate cap that has its rates reset in arrears and likewise paid in arrears. However, in practice, a…
The fifty large-capitalization stocks with outstanding growth record and prospects such as IBM, Kodak, McDonald’s, Disney, Xerox, DuPont, General Electric,…
A path-dependent option in which the payoff is based on an average of underlying asset prices, interest rates, indices, or…
The substitution of less liquid assets for more liquid assets (investments). This constitutes a reallocation tactic whereby investors sell what…
An interest rate swap whereby the notional principal amount grows over its time to expiration. Such a swap is particularly…
A subordination of mezzanine capital whereby a lender contractually agrees to be subordinated to another. A borrower effectuates this though…
A volatility trading strategy that combines an at-the-money forward call (ATMF call) with an ATMF put with opposite deltas, in…
An option that combines an Asian option with an American option. Effectively, the combination produces an Asian option which allows…
A type of provision in an Islamic bank that is set aside to reflect a potential loss that may arise…
An interest rate swap whereby the notional principal amount grows over its time to expiration. Such a swap is particularly…
