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Periodic Floor

An interest rate floor which provides, at specific adjustment dates, protection against decreasing interest rates for loans and mortgages. It...

    One-Way Floater

    A structured note (FRN) that pays a floating interest rate referenced to a popular market rate such as LIBOR. Each...

      Time-Dependent Option

      An option contract whose payoff depends on the price of an regular option at a single future time. For instance,...