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PAUG CDS

It also stands for pay-as-you-go CDS. A credit default swap (CDS) transaction which has as underlying a bond such as...

PAUG

It stands for pay-as-you-go swap; an inflation swap where the two counterparties exchange an inflation rate against a fixed rate...

ROA

It stands for return on assets; a profitability ratio that relates net income to total assets. Return on assets (ROA)...

CLCD

It stands for credit-linked certificate of deposit; a credit-linked hybrid that combines a deposit (certificate of deposit, CD) with a...

DRO

It stands for delayed range digital option; a digital option in which the payoff accrues as the reference price or...

DARO

It stands for double average rate option; a double average option in which the strike price is not set at...

Vvol

An abbreviation for volatility of volatility, which is a statistical concept implying that volatility of of a series of random...

YEN

It stands for yield enhanced note; a type of mandatory convertible preferred which is typically issued at a zero premium...

ATM

It stands for at the money; a situation whereby the strike price of an option is equal to (or almost...

CSO

It stands for credit spread option; an option whose payoff depends on the spread between the yields earned on two...