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Self-Funding Cap

An option (cap) that has no up-front premium (therefore, it is a variant of deferred premium option). In a self...

Uncapped FRN

A floater (FRN, floating rate note) that has no cap. An embedded cap (a cap that is embedded) in a...

Uncapped Floating Rate Note

A floater (floating rate note) that has no cap. An embedded cap (a cap that is embedded) in a floater...

Uncapped Floater

A floater (floating rate note) that has no cap. An embedded cap (a cap that is embedded) in a floater...

Q-Cap

A path-dependent interest rate option (specifically, an interest rate cap) which protects its holder against increases in total interest obligations...

Marked-To-Market Cap

A cap that places an upper bound on the marked-to-market loss associated with a portfolio of swaps. This cap gives...

Auto Flexible Cap

An interest rate cap which limits the maximum level the interest rate could reach on each reset date when the...

Set-Up Cap

An interest rate cap whereby the strike of later caplets is raised to reflect higher forward interest rates, especially in...

Indexed Strike Cap

A modified version of the barrier cap. It is an interest rate cap that comes in the form of an...

Shout Cap

An exotic interest rate cap (a type of shout option) which gives the holder the right at any point in...