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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...

OTM Swap

A short form of out-of-the-money swap; a swap in which the present value of the net fixed-rate payments exceeds the net...

CDS

An acronym for credit default swap; a swap agreement that gives the holder the right to sell a contractual obligation (bond, loan) for...