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Dividend Protection

Adjusting the strike price of an OTC option by the amount of dividends paid on the underlying asset/ stock. This...

Multi-Currency Credit Default Swap

A credit default swap (CDS) that is traded in multiple currencies, i.e., protection, in case of default, is paid by...

Provisional Call Protection

The unrestricted or unconditioned right of an issuer to redeem a convertible. More specifically, the bond may be redeemed without...

Soft Call Protection

The unrestricted or unconditioned right of an issuer to redeem a convertible. More specifically, the bond may be redeemed without...

Insurance Adjustment

The determination of the amount due for payment under a policy of insurance. Insurance adjustment denotes the determination of the...

Adjustment

The determination of the amount due for payment under a policy of insurance. Insurance adjustment denotes the determination of the...

Credit Protection

A set of measures or tools that can help a creditor/ lender or broadly a market player with certain exposures...

Protection Leg

In relation to a default swap (a credit default swap/ CDS), it is one of the two legs of the...

Premium Leg

A regular stream of payments made by the protection buyer to the protection seller in a default swap (a credit...

Insurability

The possibility, ability, and readiness of an insurance firm (insurer) to insure (provide insurance coverage to) a particular type of...