A type of transformation that is based on the use of interest rate swaps. It is the process whereby an investor lends money...
An option contract for which no premium is paid upfront by the buyer (long). However, a pre-specified premium should be paid if the option...
Expenses that are incidental, i.e., minor. In connection with a service or an item, this refers to gratuities and other...
Expenses that are incidental, i.e., minor. In connection with a service or an item, this refers to gratuities and other...
Expenses that are incidental, i.e., minor. In connection with a service or an item, this refers to gratuities and other...
An option with an cap placed on payout or price, and which is automatically exercised when the underlying closes at or above (for a call)...
An option on a cap. In other words, a caption is an option to buy or sell an interest rate cap whereby the holder has...
An option on a cap. In other words, a caption is an option to buy or sell an interest rate cap whereby the holder has...
A call option with an exercise price initially set deep in-the-money. Since it is highly likely that the option will...
A low exercise price option, which is, by definition, a call option with an exercise price initially set deep in-the-money....