An abbreviation collateralized mortgage obligation floating-rate note; a collateralized mortgage obligation (CMO) that pays an adjustable rate of interest that…
A type of bay’ muna’aqid (enforceable contract of sale). By definition, it is a contract of sale (ba’i) that is…
An period of time between the time a callable bond is issued and the time it can be called by…
It stands for callable range accrual note; a debt instrument (range accrual note) where the issuer has the option (call…
The week that begins on Monday prior to the Saturday expiration of any three classes of option contracts. The week leading…
An acronym for traffic-light option, which is an OTC option that belongs to the class of correlation derivatives, and which…
An interest-indexed bond in which the coupon rate is linked to the price of a certain commodity such as oil,…
A bond futures option, usually traded on the CBOT, which gives the holder the right to enter a futures contract…
A third-party warrant that is issued by a company (usually a bank or financial institution) on the stock of another…
A variant of an average rate option (Asian option) whose payoff is linked to the trend of its underlying, instead…
