A temperature derivative in which the weather index buyer and the weather index seller agree to exchange payment obligations contingent...

A weather derivative (or a temperature derivative ) whose underlying asset is a specific temperature index, i.e. an index of...

An abbreviation for growing degree days; a measure that is used in weather derivatives. By definition, it is the degrees...

A weather derivative that involves a nonfinancial or nonphysical asset, literally a weather index, and whereby one counterparty is committed to make...