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Principal

In interest rate swaps and also currency swaps, it is the predetermined money amount on which the interest payments to...

PO Swap

It stands for principal-only swap; a type of currency swaps which involves the exchange of principal between two currencies. In...

PO

It stands for principal only; the principal-only portion of a mortgage loan or a mortgage-backed security (MBS). Financial institutions, especially...

Principal Only

The principal-only portion of a mortgage loan or a mortgage-backed security (MBS). Financial institutions, especially mortgage financing firms, separate the...

Principal-Only Swap

A type of currency swaps which involves the exchange of principal between two currencies. In other words, under this swap...

Dollar-Weighted Put/Call Ratio

A revised version of the put/call ratio that uses the dollar value of traded options instead of the volume statistics....

Interest Rate Digital Option

An interest rate option whose payoff is determined either as a fixed interest payment for an in-the-money option, or nothing...

Coupe Option

An option whose strike price periodically resets to the lowest of an underlying's price and the previous strike price. This...

Range Box

A type of a range accumulation option which has a digital payout conditional on the reference price or rate remaining...

Range Straddle

A combination of a lookback call option and a lookback put option which both have the same trade date and...