An interest rate swap option. The buyer of such an option gains the right to get into an interest rate swap agreement at a stated future date. Whether the buyer will be a fixed rate receiver or payer is stated in the swaption agreement.

Random Finance Terms for the Letter S

  • Swap Rate
  • Swap Reversal
  • Swap Sale
  • Swaption
  • Sweep Account
  • Swingline Facility Definition
  • Swissy
  • Synchronous Data
  • Syndicate
  • Synergistic Effect