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CAS

It stands for callable asset swap; an asset swap in which the seller retains a call option on the underlying...

Convertible Bond Option

An option that gives the holder of a convertible bond for shares of common stock during the life the bond....

Call Asset Swaption

An asset swaption that gives the holder the right, without the obligation, to buy an asset swap package with a...

Commodity-Linked Semi-Fixed Swap

A semi-fixed swap which allows oil consumers to swap into a lower rate if prices go below a specific trigger...

Call Ratio Backspread

A highly bullish options strategy which involves selling one or two call options with lower exercise prices and buying two...

Commodity Swap

A swap to exchange cash flows based on the price of an underlying commodity. Put another way, the commodity swap...

Commodity-Linked Interest Rate Swap

A hybrid swap which combines a commodity swap with an interest rate swap. In this swap, a floating rate (such...

Calculation Agent

The party that is charged with the task of calculating the amounts payable under a swap agreement or the value...

Call Option Price

The premium (price) of a call option. It is an amount paid by the call option's buyer (holder) to the...

Curve Steepener

A type of interest rate swap (IRS) in which the floating rate leg is derived from the difference between long...