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Longevity Swap

A longevity derivative in which regular payments are made to a firm (investment bank, insurance company, pension fund, etc.) based...

Leveraged Rate Swap

An interest rate swap in which the floating rate leg pays LIBOR square (LIBOR is raised to the second power)...

Layer-Loss Credit Default Swap

It stands for layer-loss credit default swap; a basket-linked credit default swap (basket-linked CDS) which protects the buyer (the long)...

Layer-Loss CDS

It stands for layer-loss credit default swap; a basket-linked credit default swap (basket-linked CDS) which protects the buyer (the long)...

Forex Swap

The spontaneous purchase and sale (swap) of two identical amounts in two different currencies with two different value dates. Differently...

LLCDS

It stands for layer-loss credit default swap; a basket-linked credit default swap (basket-linked CDS) which protects the buyer (the long)...

Collapsible Swap

An interest rate swap that grants the fixed rate payer (or also the floating rate payer) the right to terminate...

Monetizing Equity Swap

A swap that entails the exchange of the cash flows on a position in restricted stock or concentrated equity for...

Asset Swapped Convertible Option Transaction

A financial structure that combines both an option and an asset swap. In other words, it is an option on...

Asset-Backed CDS

A credit default swap (CDS) on a mortgage-backed security or an asset-backed security. That means the reference obligation in such...