Meaning DIFFERENTIAL SWAP: Swap between two LIBOR rates of interest, e.g., yen LIBOR for dollar LIBOR Payments are in one currency
More terms such as Differential swap in Dictionary D.
- Definition Delayed Issuance Pool:
- Examples Refers to mortgage backed securities (MBS) that at the time of issuance were collateralized by seasoned loans originated prior to the MBS pool issue date differential swap definition.
- Definition Disbursement Float:
- Examples A decrease in book cash but no immediate change in bank cash, generated by checks written by the firm differential swap explain.
- Definition Digits Deleted:
- Examples Designation on securities exchange tape meaning that because the tape has been delayed, some digits have been dropped (e.g., 26 1/2 becomes 6 1/2 differential swap what is.
- Definition Devaluation:
- Examples A decrease in the spot price of a currency. Often initiated by a government announcement differential swap meaning.
- Definition Down-And-Out Option:
- Examples Barrier option that expires if asset price hits a predetermined price level differential swap abbreviation.
