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Assignable Contract

A futures contract (usually not exchange-traded) which has a clause allowing the holder to transfer his rights of assignment to…

Accelerated Vesting

An option that a company offers to an employee in a stock ownership (stock purchase or stock option agreement) or…

ATB

It stands for against the box; a short sale which is carried out by the holder of a long position…

Acceleration Covenant

A provision that is usually stipulated in, or attached to, a debt instrument or swap agreement, by virtue of which…

AMM

Acronym for adaptive mesh model; a derivative valuation method which was developed by Figlewski and Gao (1999). It is a...

Adaptive Mesh Model

A derivative valuation method which was developed by Figlewski and Gao (1999). It is a very flexible approach that helps...

Average Rate Put

An average rate option which gives the holder the right, but not the obligation, to sell the underlying asset, with…

Artificial Options Activity

The trading of options that is meant to “artificially” induce intensive trading using options volume trading and open interest, among…

Amortizing Floor

An interest rate floor in which the successive floorlets cover decreasing notional principal amounts. In other words, the notional principal…

Breakforward Contract

A forward contract at a forward rate that allows the holder to break or unwind the contract with an opposite…