The rate a company pays to finance its assets. The weighted average cost of capital (WACC) rate tells a firm...

An interest only (IO) (from a fixed-rate mortgage) which allows bondholders to receive a fixed coupon while the amount of...

Abbreviation for reverse takeover; the acquisition of a public company by a private company so that the latter can become...

An interest only (IO) (from a fixed-rate mortgage) which allows bondholders to receive a fixed coupon while the amount of...

It stands for deep in the money; an option is said to be deep in the money when its exercise...

An abbreviation for deep-in-the-money elasticity; the elasticity of an option where its value increases (for a call) and decreases (for...

The sensitivity of a credit spread. It measures the change in fair value of a credit derivative (e.g., a credit...

It stands for graduated payment mortgage; a fixed rate mortgage that entails low payment (of interest and repayment of principal) in...

A degree day swap that combines a call and put option with the same strike CDD and on the same...

A weather derivative (specifically a degree day option) that gives the holder the right, without the obligation, to trade (buy...