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Extension Option

An embedded option (in a derivative contract, as the host contract) which is defined and customized as per the counterparties'...

Extendible Swap

A swap in which an extension option is embedded. This means, one party (typically the fixed-rate payer) has the option...

Extendable Swap

A swap in which an extension option is embedded. This means, one party (typically the fixed-rate payer) has the option...