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ERC

It stands for event risk covenant; a bond provision that requires that the bond is turned in, or redeemed, at…

Mortgage Reset

The point in time at which the rate of a mortgage, and hence interest payment, will change (reset to a...

Rollover Date

The date on which the periodic payment terms and conditions of a swap agreement are established. In other words, the...

Roll Date

The date on which the periodic payment terms and conditions of a swap agreement are established. In other words, the...

Rate Fixing Date

The date on which the periodic payment terms and conditions of a swap agreement are established. In other words, the rare fixing...

Swap Reset

The mechanism by which an interest rate swap with floating rates based on LIBOR typically resets at fixed intervals (such as three months or...