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  • Tuesday, April 29, 2025
  • The Financial Encyclopedia
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Cooling Degree Days

The maximum of zero and the amount by which the daily average temperature exceeds 65 Fahrenheit. The average temperature is…

    Weather Option

    A weather derivative that involves the purchase or sale of the right to trade the financial effects of weather changes....

      CDD Swap

      A degree day swap that combines a call and put option with the same strike CDD and on the same...

        CDD Option

        A weather derivative (specifically a degree day option) that gives the holder the right, without the obligation, to trade (buy...

          CDD

          It stands for cooling degree days; a term that refers to the maximum of zero and the amount by which...