A life insurance policy provision which allows the policyholder to apply the accumulated cash value, as a single premium payment,...

An index option which gives the holder the right, but not the obligation, to buy upon exercise the value of...

Multi-asset option; an exotic option whose payout (payoff) depends on the overall performance of more than one underlying asset, as opposed...

An exotic option whose payoff depends on two assets at the same time, rather than one as is usually the...

A tool that measures the changes in vega with respect to the passage of time. It is the second-order measure...

An option that automatically activates or comes into life (knocks in: KI) only when a certain price of its underlying...

An option (American option) that automatically activates (KI: knocks in) or comes into life only when a certain price of...

An option (American option) that automatically deactivates (knocks out) or expires only when a certain price of its underlying (disadvantageous...

An option (American option) that automatically deactivates (KO: knocks out) or expires only when a certain price of its underlying...

A barrier option whereby the holder has the right to exercise at any time insofar as the option has not...