A clause in a law, contract, agreement, etc, that limits or reverses a payment or profit distribution for particular reasons.…
An acronym for short-term interest rate swap. By definition, it is an interest rate swap (IRS) whose maturity doesn't exceed...
It stands for conditional trigger swap; a trigger swap (a hybrid derivative/ hybrid product) that capitalizes on a combined performance...
A trigger swap (a hybrid derivative/ hybrid product) that capitalizes on a combined performance of a specific equity and interest...
A swap that combines a plain vanilla swap with a cap. An investor may construct a subsidized swap by paying...
An asset swap whose underlying is a convertible security. In terms of composition, it is a combination of an asset…
An swap agreement which is entered into by two counterparties, a buyer and seller of credit protection, and whereby the...
A credit derivative (specifically, a hybrid credit derivative) that entails the exchange (swapping) of two different legs of payment, one...
A price swap contract whereby a natural gas producer sells its gas under a gas sales contract that pays a…
A straightforward currency swap in which the two counterparties simultaneously exchange currencies at the spot and forward rates. This swap…