swaption

English dictionary entry

Meanings

noun
  1. An instrument granting the owner an option to enter an interest rate swap.
  2. More generally, an option on any type of swap.

Word forms

swaption swaptions

Etymology

Blend of swap + option.

This entry uses open data from Wiktionary (CC BY-SA/GFDL). Word forms are used for search and are not indexed as separate pages.