A cap structure that limits interest payment increase to a specific amount (called a jump) at each date the underlying...
A contingent premium option in which the option is a cap (interest rate cap), where the holder is not required...
An interest rate cap whereby the buyer of the cap pays no up-front premium. Instead, he agrees to pay a...
A floater (FRN) in which coupon payments are subject to a floor set at the preceding coupon payment and a...
A combination of two interest rate caps, literally: a long position in an interest rate cap and a short position...
The combination of long-term debt, preferred stock, and common stock. Generally speaking, it is the market value of equity plus...
A variation of an equity collar that allows investors to generate cash proceeds while still receiving downside protection (though at...
An OTC interest rate derivative, or simply a contract on an interest rate whereby the seller (or the writer) pays...
An option structure in which the payout depends on the value of the underlying on several points in time (e.g.,...
An option structure in which the payout depends on the value of the underlying on several points in time (e.g.,...