An option in which payment of the premium is deferred until the expiration of the option. A Boston option is...

An interest rate cap that protects its holder, during a given period of time, against upward movement in the base...

An interest rate collar that defines a maximum level and minimum level for the underlying base rate. In other words,...

An interest rate swap which involves the exchange of the interest payments based on two different rates (one of them...

A forward pricing sales arrangement which involves determining the cash price of a forward sales agreement (a futures contract) either...

The process of entering into a swap by a swap dealer. The swap in question is said to have become...

An accrual swap in which any downward or upward slide of an underlying out of the boundaries of a specified...

A binary credit default swap. Unlike standard credit default swaps which require a valuation following a credit event (usually default),...

A digital option that constitutes a floor combined with a European lower barrier. More specifically, it is an option whose...

An exotic option, and a variant on range option, which combines the features of both barrier and digital options, though...