It stands for forward exchange agreement; a contract that involves a foreign currency transaction and entails the payment, at maturity,...

An interest rate swap whereby the notional principal amount grows over its time to expiration. Such a swap is particularly...

It stands for long-dated forward rate agreement; a forward rate agreement (FRA) where the  is more than one year in...

It stands for double knock-in (double knock-in option); a double barrier option which has two barriers with respect to the...

It stands for double knock-out (double knock-out option); a double barrier option which has two barriers with respect to the...

An acronym for preferred equity redemption cumulative stock. By definition, it is an equity derivative (specifically an equity buy-write structure)...

A combination of an index swap with a total return swap (TRS) whereby one counterparty agrees to exchange the total...

A total return index swap (TRIS) where one leg is based on a CMS return index and the other is...

It stands for capped index options which are exchange-traded options with a European exercise in which a maximum level is...

A collateralized debt obligation (CDO) is an investment-grade bond backed by a pool of variously-rated debt obligations including government and...