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Early Ending Barrier Option

A window barrier option that has a vanilla payoff at expiration and is subject to a single or double American...

Everest Option

An exotic equity option whose value is based on a number (15- 25) of underlying securities. It differs, therefore, from...

EARN

It stands for expected to accrue return on nominal. One of the numerous names for corridor option. By definition, it...

Expected To Accrue Return On Nominal

One of the numerous names for corridor option. By definition, it is a path-dependent option that is typically embedded in...

Escalating Swap

An interest rate swap whereby the notional principal amount grows over its time to expiration. Such a swap is particularly...

Extinguishing Option

An option that expires or pays off if the underlying hits or exceeds the outstrike price. For example, in the...

Escalating Principal Swap

An interest rate swap whereby the notional principal amount grows over its time to expiration. Such a swap is particularly...

Exotic Swap

A swap that has additional or more complicated features as to a vanilla swap (standard swap). Exotic swaps are designed...

Equitize Cash

To buy an equity derivative such as an equity futures, equity forward, or synthetic equity option and collateralize it with...

European Digital

A digital option in which a bet is made on the underlying price/ rate being higher or lower than a...