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

A swaption (swap option) in which the strike price of the option is higher than the forward rate (in the swap). This out-of-the-money option (in...

It stands for out-of-the-money swaption; a swaption (swap option) in which the strike price of the option is higher than the forward rate (in...

It stands for in-the-money swaption; a swaption (swap option) in which the strike price of the option is less than the forward rate (in...

A swaption (swap option) in which the strike price of the option is less than the forward rate (in the swap). This in-the-money option (in...

A swap in which the present value of the net fixed-rate payments is less than the net present value of the...

It stands for in-the-money swap; a swap in which the present value of the net fixed-rate payments is less than the net present...

A swaption (swap option) in which the strike price of the option and the forward rate (in the swap) are...

It stands for at-the-money swaption; a swaption (swap option) in which the strike price of the option and the forward rate (in...

A swap in which the present value of the net fixed-rate payments is equal to the net present value of the net...