A swap agreement that gives the holder the right to sell a contractual obligation (bond, loan) for its face value in the event...

A credit default swap (CDS) option that grants the holder the right to buy credit protection on a specific reference entity during a predetermined future...

Also call CDS. A CDS option that grants the holder the right to buy credit protection on a specific reference entity during a predetermined future period starting...

An option contract for which no premium is paid upfront by the buyer (long). However, a pre-specified premium should be paid if the option...

An option with an cap placed on payout or price, and which is automatically exercised when the underlying closes at or above (for a call)...

An option on a cap. In other words, a caption is an option to buy or sell an interest rate cap whereby the holder has...

One call option in a cap. More specifically, it is an over-the-counter call on interbank deposit rates or LIBOR rate. An interest rate cap can be thought...

1) an OTC interest rate derivative, or simply a contract on an interest rate whereby the seller (or the writer) pays...

The risk that arises from the “unfavorable” change in bond values (or values of credit derivatives such as credit default swaps) in response to changes...

An option contract that gives the holder (the buyer) the right, without the obligation, to buy a certain amount of an underlying...