An equity index swap in which the equity return is linked to the greater of two stock indexes. For example,...
A barrier option in which the barrier is resettable during the life of the option. More specifically, it enables the...
A form of snowball in which the coupon level, at certain observation dates, is automatically reset at preset levels. This...
A spread that is usually paid (when necessary) by the seller of an asset swap, in addition to a floating...
It stands for credit spread option; an option whose payoff depends on the spread between the yields earned on two...
A par asset swap whose underlying asset (e.g. a convertible bond) is repackaged with an equity warrant stripped therefrom, with...
In relation to credit spreads (in credit spread swaps, credit spread options, etc.), it is the difference between the credit...
A time-dependent option contract that consists of a series of consecutively-activated forward start options, each of which is struck at...
The strike of an option contract that can be changed during the life of the option. For example, a commodity...
An option whose strike price is not fixed at the start. In general, this option constitutes a basket of component...