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Trigger Floor

An interest rate floor whose existence or activation depends on a floating rate or index falling below a certain barrier...

Dual Strike Floor

A modified version of the barrier floor. It is an interest rate floor that comes in the form of an...

Interest Rate Floor

An OTC interest rate derivative, or simply a contract on an interest rate whereby the seller (or the writer) pays...

Interest Rate Derivative

A financial instrument (a derivative) whose value is based on the performance of an underlying interest rate. It gives the...

Interest Rate Floortion

An option on a floor. In other words, a floortion is an option to buy or sell an interest rate...

Interest Rate Floorlet

An interest rate derivative (specifically, an interest rate option) which allows the holder to receive an interest rate payment during...

Moving Average Floor

An interest rate floor whose payout (payoff) is calculated using a moving average interest rate within a specified interval. The...

Mortgage Prepayment Floor

An OTC option (floor) that provides the holder, usually a mortgage company, with protection from a potential loss in return...

Chooser Floor

An interest rate floor (particularly, a flexible floor) that gives the holder the right to choose a specific number of...

Average Floor

An interest rate floor the rate of which is an average of the reference rate over a specific period of...