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Add-Up Basket CDS

A basket credit default swap (basket CDS) that pays off if and when any of the reference entities defaults. As...

American Swaption

An interest rate swaption (swaption) that can be exercised at any time within a specified range, perhaps following a lockout...

Accrual Option

An option on an option which is made up of a strip of European digital or binary options. In this...

Adjustable Strike Cap

An option in which the cap level is based on the last rate set for the underlying floating rate (LIBOR)....

Add-Up Basket Credit Default Swap

A basket credit default swap that pays off on the condition that any of the reference entities defaults. As such,...

As-You-Like-It Option

An option that allows its holder to choose between going with it as a call or as a put at...

Anticipatory Hedge

Hedging a transaction that is expected to be made on a future date using futures contracts. In other words, it...

Annual Swap

An inflation-indexed swap where the fixed rate payments are made on an annual basis. That is, an interest rate swap...

American KIKO Option

A KIKO option (knock-in knock-out option) that has two American barriers (as an American barrier option) where its payoff gets...

ATM

It stands for at the money; a situation whereby the strike price of an option is equal to (or almost...