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GPM

It stands for gross processing margin; the difference between the cost of soybeans (the total cost of production) and the...

EARN

It stands for expected to accrue return on nominal. One of the numerous names for corridor option. By definition, it...

VOV

The volatility of volatility. A measure of volatility which supposes that volatility is a random market risk variable, rather than...

ECL

It stands for expected credit loss; the long-term average cost that arises from a series of defaults expected to take...

COP

It stands for call or put; an option (or warrant) with an embedded provision giving the purchaser the right to...

YYIISO

An abbreviation for year-on year inflation indexed swaption; an inflation-indexed swaption which gives the holder the right to enter into...

FXA

It stands for forward exchange agreement; a contract that involves a foreign currency transaction and entails the payment, at maturity,...

APS

An interest rate swap whereby the notional principal amount grows over its time to expiration. Such a swap is particularly...

LDFRA

It stands for long-dated forward rate agreement; a forward rate agreement (FRA) where the  is more than one year in...

DKI

It stands for double knock-in (double knock-in option); a double barrier option which has two barriers with respect to the...