The party that is charged with the task of calculating the amounts payable under a swap agreement or the value…

The duration of the deliverable or underlying bond of a futures contract that is used as an estimate of the…

A floored put whose payoff is received instantaneously by the option holder. The payoff is a cash amount equal to…

A floating rate note that is embedded with caps or collars (caps and floors) so that the floating rate movement…

An estimated price of option based on the premise that the relationships between the underlying price and the option price…

An interest rate swap in which a fixed rate is exchanged into a low, off-market floating rate linked to a…

A capped call whose payoff is received instantaneously by the option holder. The payoff is a cash amount equal to…

An average rate option or average rate forward contract which is traded in currency markets, where its underlying rate is…

The ability to offset derivative contracts with positive and negative values (the so called receivables and payables exposure) to figure…

Re-establishing an original position taken by an option buyer, undoing whereby a previously made conversion or reversal of an option…