A clause in a contract, agreement or contractual obligation, such as a swap, whereby it is allowable to terminate the…
An acronym for asset-backed credit default swap. It is a credit default swap on a mortgage-backed security or an asset-backed…
An option that a company offers to an employee in a stock ownership (stock purchase or stock option agreement) or…
A day count convention that is used to determine the actual number of days that have gone by since the...
A day count convention that is used to determine the actual number of days that have gone by since the...
It stands for average rate option; an option in which the exercise price is equal to the average of the...
An around-the-money option (ArTM option) is an option that has its value about to change, favorably or unfavorably, depending on...
An around-the-money option (ArTM option) is an option that has its value about to change, favorably or unfavorably, depending on...
An option or an option position is said to be around the money when the underlying asset price is close...
It stands for Asian quanto basket option; a quanto basket option whose payoff is determined as that of an Asian...