Filter by Categories
Accounting
Banking

Point of Non-Viability Trigger

An event that triggers a regulated institution's seizure or resolution by a regulatory body. This follows a situation where an...

Credit Downgrade Trigger

An action that is triggered by a credit downgrade, i.e., a reduction of, or negative change in, credit rating of...

Subprime Trigger

With respect to subprime deals, it a trigger that determines the collateral tests. It is one of the specific features…

Mega Premium Option

An option that pays the seller an enlarged or enhanced premium on the condition that the seller refunds the premium…

Ladder Rung

In connection with a ladder option or similar-type option (e.g., a shout option), a ladder rung is a trigger strike...

Rung

In connection with a ladder option or similar-type option (e.g., a shout option), a rung is a trigger strike at...

Unwind Trigger

A set of conditions that, if and when met, will trigger liquidation of the underlying asset of a swap and...

Trigger Option

A provision which is typically attached to a CAPS option, whereby it terminates before expiration date and is settled at...

Triggerable Power Reverse Dual Currency Note

A power reverse dual currency note (PRDC note) that has a knock-out feature, i.e., a discrete trigger whereby the structure...

Soft Call

A call option whereby a convertible bond (CB) can be called back if the share price exceeds a specific level...