A vanilla swap which has a zero net present value. That is, it involves no initial exchange of notional principal....

A swap agreement that is made between a municipality (a city or town local council) and a financial intermediary, in...

An American-style, non-standard option that has a perpetual life. In other words, it neither expires nor has an exercise limit. Since it...

The price that is paid or received for a put option. For a buyer, it is the cost of the put...

A reduction in the notional principal of a derivative contract, like a swap. For example, a party to an interest rate swap with a $10 million notional...

An exotic option whose standard payoff (underlying price in excess of the exercise price) is raised to a specific power (such as...

An option whose payoff is based on the price of an underlying asset raised to a power. It is designed to allow the buyer...

A swap agreement where payment is made upfront for specific quantities of an asset or commodity that would be delivered at multiple specified times...

A vanilla swap which has a zero net present value (NPV). That is, it involves no initial exchange of notional principal. More specifically, the present...

An asset swap package where an investor pays par (100%) to an asset swap seller for a particular fixed-coupon bond issued by...