swaption
An option that confers to its holder the right to enter into a specific Type of swap Transaction at or by a pre-determined expiration date as either a payer or receiver of the fixed interest rate. Some types of swaption incorporate a forex component that can be used by a Hedger to protect a Series of cash flows in a currency other than their Domestic Currency.
Browse by Subjects
Put Swaption
Call Swaption
Black's model
See All Related Terms »

rights of accumulation (ROA)
gross profit method
treasurer
Physical option
operating lease