A sort of put option which is linked to the credit worthiness of a borrower. The holder of the option...

A second-order greek that measures the instantaneous rate of change of an option’s delta with respect to the passage of...

A floor is a put option on a specified interest rate such as LIBOR, Euribor, the US prime rate, or...

An option whose underlying is a forward contract. This option gives the holder the right to enter into a forward...

A path-dependent option that is typically embedded in a structured note (range note), allowing the holder to receive a coupon...

A currency option- usually on a foreign currency or a currency basket or index- that is made or written at...

A discrete model for pricing options that was introduced by Cox, Ross and Rubinstein in 1979. In this model, the...

An asset that is held primarily for consumption (end-user needs) and not usually for investment or resale. Examples include different...

An interest rate floor which consists of a limited string of floorlets designed to hedge future floating rate receipts, specifically...

An interest rate cap in which the successive caplets cover increasing notional principal amounts. In other words, the notional principal...