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Floored Equity Swap

An equity swap whose equity side is bounded by a floor. The floor places a lower limit on the equity...

Range KO FRN

It stands for range knock-out floating rate note; a structured note (a floating-rate note) that provides the holder with higher...

Range Knock-Out Floating Rate Note

A structured note (a floating-rate note) that provides the holder with higher interest payment (coupons) than an ordinary floating rate...

Range Floating Rate Note

A floating-rate note (floater) in which the coupon is determined entirely or to a large extent by an embedded range...

Fixed-Rate Currency Swap

An interest rate swap in which both counterparties pay fixed rate in their respective currencies. It is a type of...

Recovery Lock CDS

A credit default swap (CDS) entails the exchange of a floating recovery amount for a fixed recovery amount. For example,...

Recovery Forward Contract

A double barrier knock-out option that is combined with a currency forward having an rebate feature. More specifically, the buyer...

Recovery Swap

A swap in which a fixed recovery rate is exchanged for a real recovery rate following a credit default. This...

Fixed-Recovery Credit Default Swap

Unlike standard credit default swaps which require a valuation following a credit event (usually default), fixed-recovery credit default swaps (CDS)...

Fixed-For-Fixed Swap

A swap (specifically a cross-currency interest rate swap) which is based on two fixed rates in the same currency or...