Another name for barrier option. By definition, it is an exotic option whose payoff depends on whether the underlying asset...
A swap that has exotic or complex structure whereby it is distinguished in its key underlying economic variables from basic swaps. Flavored swaps...
An exotic option whose payoff depends on whether the underlying asset price reaches a specified threshold (a predetermined knock-in or knock-out price) or not....
A rebate barrier option where a rebate is paid if the barrier has not been touched (for knock-in options) or has been...
A situation that arises when the risk associated an asset is to be hedged but there is no futures contract on that...
An abbreviation for asset swap spread; a spread that is usually paid (when necessary) by the seller of an asset swap, in addition to...
Buying a credit default swap (CDS); a long position in a credit default swap (CDS). It is equivalent to shorting credit risk, i.e., having a...
It stands for collateral value adjustment/ collateral valuation adjustment; the pricing adjustment made for a collateralized derivative. It represents the cost of...
The probability of early exercise on an American option. In other words, it refers to the amount of time that is left until...
A structured swap which consists of a funding leg and a coupon payment stream, whereby the coupon payment made on a given date is...