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Notional IO

An interest-only bond (tranche) that receives the excess interest (difference between the coupon rate on the underlying tranches and the...

Snowball IRS

It stands for a snowball interest rate swap; a structured swap which consists of a funding leg and a coupon...

TAR Note

It stands for target redemption note; an index linked note that terminates whenever a maturity is reached or the total...

TAR Swap

It stands for target redemption swap: a swap- or virtually a series of forward contracts- whereby the agreement terminates when...

TARO

It stands for target redemption option; an exotic option that gives the holder the right to receive a stream of...

TAR Option

It stands for target redemption option; an exotic option that gives the holder the right to receive a stream of...

MAB Option

An abbreviation for moving average barrier option; a barrier option which has a regular European option payoff, but is triggered...

MABO

An abbreviation for moving average barrier option; a barrier option which has a regular European option payoff, but is triggered...

SPE

It stands for special purpose entity; a legal entity (such as corporate entity, limited partnership, trust, etc.) that is formed...

SPV

It stands for special purpose vehicle; a legal entity (such as corporate entity, limited partnership, trust, etc.) that is formed...