A phrase that describes the act of exercising a put option. If a particular put contract is “put to seller”,…

A general term that may refer to either a dirty shell company or a messy shell company. Broadly speaking, unclean…

It is a low risk, low payoff options strategy, designed to take advantage of a market or security that is…

A structural feature involves imposition of a priori requirements structured liability amortization through a timetable of time steps and corresponding…

A balance guaranteed swap in which one leg pays LIBOR plus a spread, while the other leg pays the average…

A basic concept in finance maintaining that a currency unit today is not worth the same currency unit tomorrow or…

A vertical spread strategy which benefits from both high and low volatilities. However, the strategy is naturally bullish. In essence,…

A series of bonds that are issued by the same borrower and mature on the same date. All the bonds…

A cross-currency swap that provides a cushion against a declining exchange rate. In case an investor is facing a depreciating…

A synthetic structure that consists of a single tranche. It is simpler than a standard synthetic tranche and can be…