An event that triggers a regulated institution's seizure or resolution by a regulatory body. This follows a situation where an...
An action that is triggered by a credit downgrade, i.e., a reduction of, or negative change in, credit rating of...
With respect to subprime deals, it a trigger that determines the collateral tests. It is one of the specific features…
An option that pays the seller an enlarged or enhanced premium on the condition that the seller refunds the premium…
In connection with a ladder option or similar-type option (e.g., a shout option), a ladder rung is a trigger strike...
In connection with a ladder option or similar-type option (e.g., a shout option), a rung is a trigger strike at...
A set of conditions that, if and when met, will trigger liquidation of the underlying asset of a swap and...
A provision which is typically attached to a CAPS option, whereby it terminates before expiration date and is settled at...
A power reverse dual currency note (PRDC note) that has a knock-out feature, i.e., a discrete trigger whereby the structure...
A call option whereby a convertible bond (CB) can be called back if the share price exceeds a specific level...