A note that pays interest only if the floating interest rate (such as LIBOR) stays within a prespecified range. This...
An option that accrues in value (payoff) for each day that the reference index rate remains within a specified range...
A variation on a regular forward contract which is used primarily to hedge or mitigate foreign exchange risk. This contract...
A floating-rate note (floater) in which the coupon is determined entirely or to a large extent by an embedded range...
It is a forward contract in which one counterparty (the long) buys an out-of-the-money put option and sells an out-of-the-money...
A floating-rate note (floater) whose coupon payments fall within an embedded collar. This means the coupon is capped at a...
An interest rate swap in which an embedded collar is placed on the floating rate payment. In other words, the...
An floater that is embedded with increased participation mechanism (such as that of a participating cap/ participating floor). In other...
In relation to credit derivatives, it is a curve (usually, positively sloped) that depicts the relationship between credit spread and...
An irregular swap that is based on the exchange of returns originally generated by specific instruments/ investments rather than interest...