A bond which is typically issued with a special provision allowing the initial interest to be reset on specified dates so that...

A debt security that represents an amount of money owed by the bond issuer to a bondholder. The issuer is...

An amount of money that is lent by a person or an entity to others (including individuals, entities, etc.) The...

A technique which is used to convert an interest rate of a given period into an interest rate of a...

An option on a cap. In other words, a caption is an option to buy or sell an interest rate cap whereby the holder has...

It stands for leverage-adjusted duration gap ; a duration gap measure that takes into account a bank's overall exposure to interest rate...

A duration gap measure that takes into account a bank's overall exposure to interest rate risk. It is calculated as the difference between...

The practice of lending money to desperate people at unfairly high interest rates. More specifically, loan sharking involves charging interest...

Typically, the total amount of interest that a depositor receives is calculated by multiplying the applicable floating rate (say, LIBOR) by...