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ZCIS

It stands for zero-coupon inflation swap; a type of inflation derivative; an inflation-indexed swap which has both cash flow legs paying out on maturity....

NPV Swap

An abbreviation for net present value swap; an interest rate swap in general and a type of seasonal swap in particular, in which the tenor...

CRC

It stands for current replacement cost; the amount for which an asset could be replaced with another that has identical...

ERRM

It stands for effective rate of return method; a method of allocating income from an asset or venture in a uniform and...

BTM Ratio

The ratio of an entity's book equity to its market equity. In other words, it relates the original value of...

OTM Swaption

It stands for out-of-the-money swaption; a swaption (swap option) in which the strike price of the option is higher than the forward rate (in...

ITM Swaption

It stands for in-the-money swaption; a swaption (swap option) in which the strike price of the option is less than the forward rate (in...

ITM Swap

It stands for in-the-money swap; a swap in which the present value of the net fixed-rate payments is less than the net present...

ATM Swaption

It stands for at-the-money swaption; a swaption (swap option) in which the strike price of the option and the forward rate (in...

ATM Swap

It stands for at-the-money swap; a swap in which the present value of the net fixed-rate payments is equal to the net present...